BSP Circulars BSP Circular No. 6BSP Circular No. 6 1993-09-30T00:00:00.000+08:00
To defer the scheduled reduction of the reserve requirement to twenty-one percent (21%) by end September 1993
BSP CIRCULAR NO. 6 Series of 1993
The Monetary Board, in its Resolution No. 294, dated September 22, 1993, decided to defer the scheduled reduction of the reserve requirement to twenty-one percent (21%) by end September 1993 as contained in Circular No. 1395, dated July 5, 1993.
This Circular shall take effect immediately.
For the Monetary Board
EDGARDO P. ZIALCITA Officer-in-Charge
More in BSP Circulars
- Risk weighting of bank loans to the extent guaranteed by the Agricultural Guarantee Fund Pool (AGFP)(BSP Circular No. 713)
- Amendments to Miscellaneous Rules on Deposits(BSP Circular No. 1163)
- Prudential Requirements Applicable to Digital Banks, and Amendments to Relevant Provisions of the Manual of Regulations for Banks and Non-Bank Financial Institutions and Manual of Regulations on Foreign Exchange Transactions(BSP Circular No. 1154)
- Policy guidelines on the election/appointment of directors/officers of commercial and thrift banks(BSP Circular No. 206)
- Moving of the cut off date for Foreign Exchange Obligations(BSP Circular No. 174)
- Composition of the reserve requirement on all types of peso deposit and deposit substitute liabilities of expanded commercial banks, commercial banks and non-banks with quasi-banking (NBQBs) functions(BSP Circular No. 158)
- Rationalization of Prudential Reporting Requirements(BSP Circular No. 1110)
- Policy to accredit external auditors(BSP Circular No. 245)
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