Regulatory Alerts2018-10-11 | 036 SGDB EXT 2018Added · Updated
SGDB No. 036/2018: 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 intermediation entities on October 15, 2018. The amount debited equals 1.25 per thousand of the average daily obligations to the public from the previous quarter. Financial entities are required to ensure sufficient funds are available in their national and foreign currency accounts to cover this deduction.
BANCO CENTRAL DE BOLIVIA PLURINATIONAL STATE OF BOLIVIA OCT 11 : 36 EXTERNAL CIRCULAR GENERAL PROCESS DISPATCHED
La Paz, October 9, 2018 SGDB No. 036/2018 * FROM: GENERAL MANAGEMENT MANAGEMENT OF FINANCIAL ENTITIES TO: FINANCIAL INTERMEDIATION ENTITIES SUBJECT: QUARTERLY FEE — CONTRIBUTION TO THE SAVINGS PROTECTION FUND
Ladies and Gentlemen:
The Central Bank of Bolivia informs financial entities that, in application of Article 518 of Financial Services Law No. 393, it will debit the quarterly fee (contribution from financial entities) from their Current and Reserve Account or Reserve Account in national and foreign currency on October 15, 2018.
The debited amount will be equivalent to one point two five per thousand (1.25 ‰) of the average daily obligations to the public of the previous quarter, for which we will appreciate your making the respective provision of funds.
Sincerely.
[Signature]
Ayacucho Street corner Mercado - Telephone: (591-2) 2409090 - Fax: (591-2) 2661590 www.bcb.gob.bo - bancocentraldebolivia@bcb.gob.bo - La Paz — Bolivia