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
Media Releases
This folder is a compilation of event photos, videos, press releases, speech of officers and guests
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 …
Speech of BSP Governor Amando M. Tetangco, Jr. during the Induction Ceremonies of the Rural Bankers Association of the Philippines Officers for 2014-2015
Navigating the New Rural Banking Landscape: Challenges and Opportunities The members of the Rural Bankers Association of the Philippines, headed by newly sworn in President Jose Misael Moraleda, members of the Monetary Board, PDIC President Valentin Araneta, colleagues from the BSP, fellow advocates of rural banking, distinguished guests,… good evening! Once again, on behalf of …
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
RBAP and RBRDFI welcome convention delegates
Rural Bankers Association of the Philippines President Vittorio Z. Almario and Rural Bankers Research and Development Foundation, Inc. Chairman Atty. Edward Leandro Z. Garcia, Jr. welcomed over 400 rural bank delegates for this year’s convention. In their opening remarks, Mr. Almario and Atty. Garcia reminded rural bankers of the industry’s role in attaining an inclusive …
RBAP 2014 Convention
The Rural Bankers Association of the Philippines’ 2013 Board of Directors presented a report on industry projects and programs implemented during their term. From left to right: RBRDFI Chairman Atty. Edward Leandro Z. Garcia Jr., RBAP President Vittorio Z. Almario, Treasurer Bettina Stephanie T. Tiosic, Vice President for Mindanao Gen. Charles Y. Hotchkiss and Vice …
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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Rang-ay Bank Laoag Branch moves to a new location
Rang-Ay Bank (A Rural Bank) has moved its Laoag Branch to a better location at the 1st floor of Laoag City Commercial Complex. The new location was inaugurated last April 8, 2014. Present in the occasion were: (Left to Right) Rang-Ay Bank President and CEO Ives Nisce, former Chairman of the Board of Dentistry Dr. …
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[Presentations] 61st RBAP Annual National Convention – Davao City, May 21-22, 2014
Dear rural bankers, We are pleased to inform everyone that the 61st RBAP Annual National Convention Presentations held last May 21-22, 2014 at SMX Convention Center are already uploaded. To download a copy, please click on the link provided below: DAY 1 1. Speech of BSP Deputy Governor Nestor A. Espenilla, Jr. 2. Mr. Restituto …
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GXI and RuralNet MOA Signing
To advance the use of technology among rural banks, RuralNet Inc. and G-Xchange Inc., the mobile commerce subsidiary of Globe Telecom, signed a Memorandum of Agreement on May 16, 2014 to launch the CashKo money card, a 3-in-1 card that works as an ATM card and allows rural bank clients make transactions through the internet …