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Circular No. 482: Exemption from reserve requirement |
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Pursuant to Monetary Board Resolution No. 537, dated 21 April 2005, the Manual of Regulations for Banks (MORB) is hereby amended, as follows: Section 1. Item c. is hereby added to Subsec. X281.1 of the MORB on Exemption from reserve requirement to read as follows: " x x x c. Borrowings by accredited financial institutions under the Wholesale Lending Program for small and medium enterprises (SMEs) of the Small Business Guarantee and Finance Corporation (SBGFC) of the Small Business Guarantee and Finance Corporation (SBGFC). This Circular shall take effect fifteen (15) days following its publication in the Official Gazette or in a newspaper of general circulation. FOR THE MONETARY BOARD: AMANDO M. TETANGCO, JR. Officer-in-Charge 05 May 2005 |
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Circular Letters/Memoranda |
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Speeches/ Presentations |
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Photo Gallery |
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Member RBs in Good Standing with RBAP |
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Notice of 2008 RBAP Elections |
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2008 Annual National Convention & Election of Directors May 19-20, Sofitel Philippine Plaza |
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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 |
