2003-09-10 Effectivity of BSP Circular No. 392 deferred to 1 January 2004.

MEMORANDUM
Series of 2003


TO: All Banks and Non-Bank Financial Institutions

Pursuant to Monetary Board Resolution No. 1196 dated 21 August 2003, the effectivity of BSP Circular No. 392 dated 23 July 2003 is hereby deferred to 1 January 2004.

This Memorandum shall take effect immediately.

FOR THE MONETARY BOARD

RAFAEL B. BUENAVENTURA
Governor




10 September 2003





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