Circular Letters and Memoranda

The Banco Sentral ng Pilipinas has approved the renaming of Rural Bank of Soliven in Isabela to Common Wealth Rural Bank, Inc. With Circular No. CL 2011-074, the formal change of corporate name was approved on October 6, 2011.

BSP Circular Letter No. CL-2013-032 – Accredited Rural Financial Institutions for the Purpose of Implementing the Agri-Agra Reform Act of 2009

Dear RBAP Members: For your guidance, attached is Bangko Sentral ng Pilipinas (BSP) Circular Letter No. CL-2013-032: Accredited Rural Financial Institutions for the Purpose of Implementing the Agri-Agra Reform Act of 2009 Pursuant to Circular No. 736 of 20 July 2011. The Circular Letter is also posted in the BSP Website View/Download BSP Circular Letter No. CL-2013-032

BSP MEMORANDUM NO. M-2013-017 – Enhancements to the Risk-Based CAR Report in Relation to Recently Issued Regulations

Dear Member-Rural Banks,   Attached for your guidance is the Memorandum to All Stand Alone Thrift Banks, Rural Banks and Cooperative Banks on the enhancement to the Risk-Based Capital Adequacy Ratio (CAR) Report in relation to recently issued regulations dated 7 May 2013.  The said template shall be adopted starting with the reporting period ended …

BSP MEMORANDUM NO. M-2013-017 – Enhancements to the Risk-Based CAR Report in Relation to Recently Issued Regulations Read More »

BSP Circular No. 793: Amendment to Align the Familial Restrictions Applicable to “Independent Director”

Attached for your guidance is BSP Circular No. 793 – Amendment to Align the Familial Restrictions Applicable to “Independent Director” with the Existing Provision of the Securities Regulation Code, issued 8 April 2013. The Circular is also posted in BSP’s website at http://www.bsp.gov.ph/downloads/regulations/attachments/2013/c793.pdf   View BSP Circular No. 793 here.        

BSP Circular Letter No. CL-2013-025: Publication/Posting of Balance Sheet and Consolidated Balance Sheet

Attached for your guidance is BSP Circular Letter No. CL-2013-025: Publication/Posting of Balance Sheet (BS) and Consolidated Balance Sheet (CBS), issued 10 April 2013. The circular is also posted in BSP’s website at http://www.bsp.gov.ph/downloads/regulations/attachments/2013/cl025.pdf   View BSP Circular Letter 2013-025 here