The Financial System Supervisory Authority of Bolivia has reinforced supervisory actions to ensure Financial Intermediation Entities and Financial Leasing Entities apply the credit deferral regime set out in Law No. 1670 and Supreme Decree No. 5503, which requires deferrals to be granted on the customer’s written request and without charging additional interest. The measure provides for a six-month suspension of payments of principal, interest, insurance, commissions and other charges for social interest housing loans and loans to micro and small productive economic units, including borrowers in arrears provided no judicial proceedings had been initiated as of 17 December 2025. During the deferral period, the loans will not affect borrowers’ ratings and will continue to be reported as performing; after the period ends, deferred amounts must be rescheduled under a new repayment plan that must be provided to customers free of charge. ASFI will also verify that institutions provide clear, adequate consumer information on the scope of the deferral, applicable timeframes and rescheduling conditions, and it reiterated the availability of complaint and reporting mechanisms for potential non-compliance.
Financial System Supervisory Authority of Bolivia 2025-12-22
Financial System Supervisory Authority of Bolivia steps up supervision to enforce six-month credit deferrals without additional interest
Bolivia's Financial System Supervisory Authority has reinforced actions to ensure compliance with the credit deferral regime under Law No. 1670 and Supreme Decree No. 5503. This mandates a six-month payment suspension for certain loans upon request, without extra interest, and requires rescheduling deferred amounts. The authority will verify institutions provide clear consumer information and maintain complaint mechanisms for non-compliance.