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2003-09-02 Foreign banks which has more than one (1) branch and/or other office in the Philippines |
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Series of 2003 TO : All Foreign Bank Branches |
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The Monetary Board, in its Resolution No. 1121 dated 7 August 2003 has clarified that in the case of a foreign bank which has more than one (1) branch and/or other office in the Philippines, all such branches/offices shall be treated as one unit and all references to the Philippine branches/offices of such foreign bank shall be held to refer to such unit pursuant to Section 74 of the General Banking Law of 2000.
Please be guided accordingly. ALBERTO V. REYES Deputy Governor 02 September 2003 |
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Circular Letters/Memoranda |
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Speeches/ Presentations |
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Photo Gallery |
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The 2008 RBAP Charter Symposium |
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2008 CFI Awards |
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Rural Banking Week Celebration Golf Tournament |
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Client Satisfaction Survey for Licensing Management System of the Supervision and Examination Sector |
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Financial Reporting Package 2008 |
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BSP releases regulations on liquidity, market risk weighting |
