CIRCULAR NO. 482 Series of 2005 Pursuant to Monetary Board Resolution No. 537, dated 21 April 2005, the Manual of Regulations for Banks (MORB) is hereby amended, as follows: Section 1. Item c. is hereby added to Subsec. X281.1 of the MORB on Exemption from reserve requirement to read as follows: ” x x x …
Circular No. 482: Exemption from reserve requirement Read More »
December 17, 2007 Dear FELLOW RURAL BANKERS, With the festive decorations that surround us exuding joy and gaiety, Christmas has truly arrived. And I would like to be among those who will convey to you the eternal meaning of this blessed season of love, peace, and joy. The travails and challenges that has assailed us, …
MEMORANDUM Series of 2005 TO : All Banks Please be informed that the submission and parallel testing of Subsidiary Ledgers (SL) under the SL Reporting System for all banks is hereby temporarily suspended. The SL Reporting System was previously implemented through the issuance of the Memorandum to All Commercial Banks dated 26 January 2004, Memorandum …
BSP Memorandum dated June 8, 2005: Suspension of the SL Reporting System Read More »
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