BSP Memorandum No. M-2014-031: Regulatory Relief for Banks Affected by Typhoon “Glenda”
To download a copy in PDF file, please click on this link: BSP Memorandum No. M-031
From BSP
BSP MEMORANDUM NO. M-2014-029: Withholding of Percentage Tax – Gross Receipt Tax (GRT)
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 …
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BSP Circular Letter No. CL-2014-044: Updated Validation Rules of the BSP for the Financial Reporting Package
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 …
BSP Memorandum No. M-2014-026: Guidelines on the Electronic Submission of the Published Balance Sheet (BS) and Consolidated Balance Sheet (CBS) in Relation to Recently Issued Regulations
To download a PDF Copy, please click on this link: BSP Memorandum M-2014-026
BSP Memorandum No. M-2014-025: Guidelines on the Electronic Submission of the Financial Reporting Package (FRP) in Relation to the Recently Issued Regulations
To download a PDF copy, please click on this link: BSP Memorandum No. M-2014-025
BSP Memorandum No. M-2014-024: Guidelines on the Electronic Submission of Microfinance Reports in Relation to Recently Issued Regulation
To download a PDF copy, please click on this link: BSP Memorandum No. M-2014-024
BSP Circular No. 838: Amendments to Foreign Exchange Regulations
To download a PDF copy, please click on this link: BSP Circular No. 838
BSP Circular No. 837: Amendments to Pertinent Regulations on Salary Loans
To download a copy of this Circular, please click on this link: c837
BSP Circular No: 835: Banking Hours Beyond the Minimum
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 …
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BSP Circular No. 830: Increase in Reserve Requirements
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 …
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BSP Circular 823: Amendment of Section X181 (2008-X171) on Bank Protection
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 …
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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
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. …
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
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
BSP Circular Letter No. CL-2013-037: Publication/Posting of Balance Sheet (BS) and Consolidated Balance Sheet (CBS)
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
BSP Circular No. 803:Amendment to regulations on single borrower’s limit (SBL)
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