Tuto Quiroga warns BCB executives of prison if they don’t hand over 22 tons of gold | Tuto Quiroga advierte cárcel para ejecutivos del BCB si no entregan 22 toneladas de oro

By Erbol: CALLS TO UPHOLD THE LAW Jorge Tuto Quiroga shares an apthapi in the city of Satélite in El Alto this Saturday. Photo/Social networks Presidential candidate Jorge Tuto Quiroga warned this Saturday that he will initiate criminal proceedings against executives of the Central Bank of Bolivia (BCB) if, on November 8—the date when the…

Bolivian money 101: What was the first banknote of Bolivia?

From Bolivia.com: In 1867, Bolivia had its first bill and this is the true story that few know. The history of the first banknotes of Bolivia. Photo: BCB The history of Bolivian, as it is known today, in the form of bills and coins, began in 1867, 42 years after the founding of the country…

Current banking accounts with no movement in 10 years will go to the TGN

Pagina Siete reports: ASFI ISSUES NEW REGULATION Current accounts with no movement in 10 years will go to the TGN Entities must inform the client within two years of termination. Checking accounts that have no movement for 10 years will be transferred to the General Treasury of the Nation (TGN); however, financial institutions must report,…

Bolivian savings and interests earned

Juan Carlos Salinas reports for El Deber: Some banks exceed interest rate for savers In banks consulted, the new rate for depositors still does not apply. There are financial products that are above those indicated by the government decree. On a tour of the financial district of the capital Santa Cruz, it was found that…

Banking Law: every man to his own trade

Current Bolivia government knows about this century’s economics as I can write and speak fluently in all the more than thirty indigenous languages of their pluri-multi-nation… Hilton Heredia reports for El Deber: Economists and banking see more risks in law The ‘ceiling and floor’ rates scare industry. The ASFI does not see problems The sole…