Microfinance

BSP Circular No. 836: Amending Mircofinance Reports, and Redefining “Microfinance Loans” and “Small and Medium Enterprises Loans” accounts in the Financial Reporting Package (FRP)

To download a PDF copy, please click on this link: BSP Circular No. 836

BSP Circular No. 836: Amending Mircofinance Reports, and Redefining “Microfinance Loans” and “Small and Medium Enterprises Loans” accounts in the Financial Reporting Package (FRP) Read More »

Revised reportorial requirements on Microfinance operations

This is to notify all rural banks, engaged in microfinance operations, of the amendments on the reportorial requirements under Circular No. 607 dated April 30. 2008. The thrust to amend or revise was due to the introduction of new microfinance products and, likewise, the growing exposure of banks, particularly universal and commercial, in wholesale MF

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