2 JUNE 2011
TO: ALL PARTICIPATING RURAL BANKS
FROM: MA. CORAZON LIAMZON-MILLER
SUBJECT: BSP REQUIRED INTEREST ON DEPOSIT PRODUCTS
Dear Fellow Rural Banker:
The BSP’s Central Supervisory Support Subsector is requiring RBAP to submit a consolidated report on the comparative benchmark median rates on bank deposits of rural banks.
In connection therewith, please fill up the enclosed survey form.
If the bank has different rates for its head office and branches, please fill up a different survey form for the head office and each branch.
This survey shall be conducted on a quarterly basis.
Please take note of the following dates:
June 20, 2011
September 20, 2011
December 30, 2011
July 31, 2011
October 30, 2011
January 31, 2012