October 16, 2012

MEMORANDUM NO. M-2012-048: Transitory Guidelines on the Reporting of Deposit for Stock Subscription in Prudential Reports

The Bangko Sentral ng Pilipinas on Oct 12,2012 released a memorandum on Transitory Guidelines on the Reporting of Deposit for Stock Subscription in Prudential Reports. To view full details of the memo, please see the link provided below: http://www.bsp.gov.ph/downloads/Regulations/attachments/2012/m048.pdf

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CIRCULAR LETTER NO. CL-2012-072: Cavite United Rural Bank, Corp. – Establishment and Commencement of Operation

The Rural Bankers Association of the Philippines and the Bangko Sentral ng Pilipinas wishes to inform the bankers community of the establishment of a new bank located in Trece Martires, Cavite called Cavite United Rural Bank. To view full details of circular, please click the ink below: http://www.bsp.gov.ph/downloads/regulations/attachments/2012/cl072.pdf

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