BSP Circular 487: Amendments to the MOR for Banks re Subsec. 1338.2 and X338.3
CIRCULAR NO. 487 Series of 2005 Pursuant to Monetary Board Resolution No. 695 dated 26 May 2005, the provisions of the Manual of Regulations for Banks (MORB) are hereby amended to read as follows: Section 1. The last paragraph of Item “c” of Subsec. 1338.2 is hereby amended to read as follows: “Loans financed under …
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