House Bill No. 3819 : An Act Establishing a Credit Information System and for Other Purposes
MEMORANDUM To: All Federation Presidents From: Gen. William K. Hotchkiss AFP (Ret) Subject: House Bill No. 3819 Date: September 6, 2005
August 2005
2005 RURAL BANKING WEEK (August 22-28, 2005)
The Rural Bankers Association of the Philippines now celebrates the Rural Banking Week (August 22-26, 2005) with the theme, Rural Banks: Prime Movers of Progress through Microfinance. Microfinance is not a new thing for the RBs. This is an ongoing business activity many years back. The micro entrepreneurs have now evolved and became the lifeblood …
REVENUE MEMORANDUM ORDER NO. 15-2005
TO ALL FEDERATION/CONFEDERATION PRESIDENTS In response to the numerous queries we have received from members regarding compliance with the Revenue Memorandum Order No. 15-2005 (requiring all rural banks to submit a list of borrowers, co-makers, endorsers and/or guarantors who were extended loans the third day after the close of every month0 which we have received …
BIR Ruling on Payment of Capital Gains Tax during the Redemption Period
Dear Fellow Rural Bankers; For your information and reference, attached is a copy of BIR Ruling No. 010-2005 to clarify the issue on the payment of capital gains tax and documentary stamp tax on foreclosures involving properties titled under homestead or free patent.
SMEC and KfW Applicable Interest Rate (PBSP)
MEMORANDUM: T o : All Member Banks F r o m : Gen. William K. Hotchkiss III (Ret.) D a t e : 25 August 2005 Subject : Letter from PBSP Re SMEC & KfW Interest Rate