BSP Memoranda BSP MemorandaBSP Memoranda 1998-08-10T00:00:00.000+08:00

To clarify Foreign Currency Denominated Loans and Advances

MEMORANDUM Series of 1998

To:  All Banks

This is to further clarify that FOREIGN CURRENCY DENOMINATED LOANS AND ADVANCES under Item B.4 of Schedule 1 of the Quarterly Report on Compliance with Mandatory Credit Allocation Required Under R.A. 6977 (As amended by R.A. No. 8289) shall include all Foreign Currency Loans and Advances in the regular books as well loans and advances under Circular Nos. 343/547.

Please be guided accordingly.

ALBERTO V. REYES Deputy Governor

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