Regulatory Alerts2016-01-06 | SGDB N° 062/2015Added · Updated
SGDB N 062/2015: Quarterly Contribution to the Savings Protection Fund
The Central Bank of Bolivia debits the quarterly contribution to the Savings Protection Fund from the current and reserve accounts of financial entities on January 15, 2015. The amount deducted equals 1.25 per thousand of the average daily public liabilities from the previous quarter. Financial entities are required to ensure sufficient funds are available in their accounts to cover this deduction.
[Logo: Central Bank of Bolivia]
BCB-DGD-VUC CENTRAL BANK OF BOLIVIA PLURINATIONAL STATE OF BOLIVIA EXTERNAL CIRCULAR La Paz, December 30, 2015 SGDB No. 062/2015
FROM: GENERAL MANAGEMENT MANAGEMENT OF FINANCIAL ENTITIES TO: FINANCIAL ENTITIES SUBJECT: QUARTERLY CONTRIBUTION – CONTRIBUTION TO THE SAVINGS PROTECTION FUND
Ladies and Gentlemen:
The Central Bank of Bolivia notifies financial entities that, in application of Article 518 of the Financial Services Law No. 393, it will debit the quarterly contribution (contribution by Financial Entities) from their Current and Reserve Account or their Foreign Currency Reserve Account on January 15, 2015.
The debited amount will be equivalent to one point two five per thousand (1.25 or/oo) of the daily average of obligations to the public from the previous quarter; therefore, we kindly request that you make the respective provision of funds.
Sincerely,
[Signature] RONALD O. PINTO RIBERA MANAGER OF FINANCIAL ENTITIES a.i. CENTRAL BANK OF BOLIVIA
[Signature] CARLOS A. COLODRO LÓPEZ GENERAL MANAGER a.i. CENTRAL BANK OF BOLIVIA
CCL/RPR/mgp/jga C.c. Archive
Ayacucho Street corner Mercado · Telephone: (591-2) 2409090 · Fax: (591-2) 2406614 www.bcb.gob.bo · bancocentraldebolivia@bcb.gob.bo · La Paz Bolivia