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BSP Required Interest on Deposit Products

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:

Report Date

June 20, 2011

September 20, 2011

December 30, 2011

Submission Deadlines

July 31, 2011

October 30, 2011

January 31, 2012

Download the SURVEY TEMPLATE in pdf format