To download a PDF copy, please click on this link: BSP Circular No. 836
The Bangko Sentral has revised its key reports required from banks on microfinance (MF) and related accounts to generate a comprehensive and more accurate picture of the scale and scope of banking services delivered to the micro, small and medium enterprises (MSME) in the country. The Monetary Board, in its Res. No. 893 dated 5 …
BSP Revises Reports on Microfinance and Related Accounts in FRP Read More »
Reacting to the rising trend in salary loans in terms of volume and number of accounts, the Monetary Board has approved a new Circular specifically defining salary loans and enhancing the reporting templates used by banks and non-stock savings and loan associations to accurately measure its volume. The BSP defines salary loans as “unsecured loans, …
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