BSP Memoranda BSP MemorandaBSP Memoranda 2004-11-05T00:00:00.000+08:00

To declare 15 November 2004 as a non-reserve day in observance of the EID-UL-FITRE

MEMORANDUM Series of 2004

TO          :  All Banks and Non-Bank Financial Institutions

In view of the declaration of 15 November 2004 as a special non-working day throughout the country in observance of the EID-UL-FITRE (Feast of Ramadhan) under Proclamation No. 721 dated 25 October 2004, 15 November 2004 is hereby declared as a non-reserve day, hence the reserve position as calculated as of end of business day of 12 November 2004 will be carried forward to 13 to 15 November 2004.

For your guidance.

ALBERTO V. REYES Deputy Governor

Open the source record ↗

More in BSP Memoranda

Want an analysis of this document?

Ask ASG Legal AI to summarize it, compare it with other rulings, or explain how it applies to your situation — it researches from this same library.