BCRA Communication “A” 7075: Transitory advances to the non-financial public sector

July 23, 2020 – BCRA reported through Communication “A” 7075 the following resolution:

Extend, until January 31, 2021 inclusive, the validity of the provisions of point 9.3. of the rules on “Financing to the non-financial public sector”, which consider from October 28, 2019 to January 31, 2021 inclusive, as a concept excluded for the purposes of calculating the basic limits of fractionation of credit risk at financial assistance for the payment of personnel salaries that meet the requirements established by the standard.

Jurisdictions affected: Argentina

For more information, visit Banco Central de la República Argentina.

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