To download a copy in PDF file, please click on this link: BSP Memorandum No. M-031
BSP Memorandum No. M-2014-031: Regulatory Relief for Banks Affected by Typhoon “Glenda” Read More »
To: ALL BANKS AND NON-BANK FINANCIAL INSTITUTIONS WITH QUASI-BANKING FUNCTIONS Subject: Withholding of Percentage Tax – Gross Receipt Tax Under Revenue Regulations No. 02-98, the Bangko Sentral ng Pilipinas (BSP) is required to deduct and withhold the percentage taxes, GRT due from its payments to all banks and non-bank financial institutions with quasi-banking functions, to
BSP MEMORANDUM NO. M-2014-029: Withholding of Percentage Tax – Gross Receipt Tax (GRT) Read More »
In an effort to further assist banks in finalizing the Financial Reporting Package (FRP), attached are the updated validation rules used by the BSP to check and determine whether the entries in the FRP are either balanced and reconciled or cited with mathematical defects requiring correction and the submission of amendments that are subject to
To download a PDF Copy, please click on this link: BSP Memorandum M-2014-026
To download a PDF copy, please click on this link: BSP Memorandum No. M-2014-025
To download a PDF copy, please click on this link: BSP Memorandum No. M-2014-024
To download a PDF copy, please click on this link: BSP Circular No. 838
BSP Circular No. 838: Amendments to Foreign Exchange Regulations Read More »
To download a copy of this Circular, please click on this link: c837
BSP Circular No. 837: Amendments to Pertinent Regulations on Salary Loans Read More »
Pursuant to Monetary Board Resolution No. 783 dated 15 May 2014, Subsection X156.1 of the Manual of Regulations for banks (MORB) is hereby amended as follows: Section 1. The first paragraph of Subsection X156.1 is hereby amended to read, as follows: “X156.1 Banking hours beyond the minimum; banking services during holidays. Banks may, at their
BSP Circular No: 835: Banking Hours Beyond the Minimum Read More »
The Monetary Board, in its Resolution No. 500 dated 27 March 2014, approved the 1-percentage-point increase in the reserve requirements of universal/commercial banks (UBs/KBs), thrift banks (TBs), rural banks (RBs), cooperative banks (Coop Banks), and non-bank financial institutions with quasi-banking functions (NBQBs). For further details, you may download a copy of this Circular by clicking
BSP Circular No. 830: Increase in Reserve Requirements Read More »
Dear rural bankers, The Monetary Board, in its Resolution No. 2308 dated December 5, 2013, approved the revisions to Section X181 (2008-X171) of the Manual of Regulations for Banks (MORB) onBank Protection. Attached is a copy of the BSP Circular, as posted on their official website. To download a copy, please click on this link: BSP Circular 823 on
BSP Circular 823: Amendment of Section X181 (2008-X171) on Bank Protection Read More »
Dear RBAP Members: Below is Bangko Sentral ng Pilipinas (BSP) Circular Letter No. CL-2013-040: Accredited Rural Financial Institutions for the Purpose of Implementing the Agri-Agra Reform Credit Act of 2009 Pursuant to Circular No. 736 0f 20 July 2011. The Circular Letter is posted in the BSP Website. View/Download BSP Circular Letter No. CL-2013-040 Thank you.
Dear RBAP Members, For your guidance, below is Bangko Sentral ng Pilipinas (BSP) Circular Letter No. CL 2013-039: Approved applications for New Banking Offices and Opened/Re-Openend Banking Offices during the 1st Quarter of 2013. The Circular Letter is posted in the BSP Website. View/Download BSP Circular Letter CL No. 2013-039
Dear RBAP Members: For your guidance, below is Bangko Sentral ng Pilipinas (BSP) Circular Letter No. CL-2013-037: Publication/Posting of Balance Sheet (BS) and Consolidated Balance Sheet (CBS). The Circular Letter is posted in the BSP Website View/Download: BSP Circular Letter No. CL-2013-037
Dear RBAP members: For your guidance, below is Bangko Sentral ng Pilipinas (BSP) Circular No. 803:Amendment to regulations on single borrower’s limit (SBL). The said Circular is also posted in the BSP website. Download/View BSP Circular No. 803
BSP Circular No. 803:Amendment to regulations on single borrower’s limit (SBL) Read More »
