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 |
