The Financial System Supervisory Authority of Bolivia clarified that financial intermediation entities and leasing companies must apply relief measures for borrowers whose repayment capacity has been affected by social unrest, blockades or other adverse events. No additional regulation is required. Affected borrowers must voluntarily request an assessment, after which the entity must evaluate options for rescheduling the existing credit or refinancing it through a new operation based on the borrower’s repayment capacity. While a request is assessed, borrowers may receive an initial extension of up to 30 calendar days from the decree’s publication, potentially longer under the entity’s internal policies. No principal, interest, insurance, commissions or other charges are collected during that period, and the credit retains its existing classification. An approved arrangement may include a grace period of one to six months. The original interest rate must be maintained unless a more favorable rate is agreed, and entities must bear the documentation costs. Supervised entities must also publish eligibility requirements, train staff and provide clear information on the available relief.
2026-06-17Financial System Supervisory Authority of Bolivia
Financial System Supervisory Authority of Bolivia clarifies debt relief for borrowers affected by social unrest and blockades
The Financial System Supervisory Authority of Bolivia clarified that lenders must assess voluntary debt rescheduling or refinancing requests from borrowers affected by social unrest, blockades or other adverse events without awaiting further regulation. Relief may include an assessment extension and a one-to-six-month grace period, while existing interest rates and credit classifications are protected and documentation costs fall on the lender.