Revised Schedule IA of the Report on Compliance with the Mandatory Credit Allocation Required under RA 6977 as amended by RA 8298

MEMORANDUM Series of 2003

TO:       All Banks

To monitor and validate the loans of participating government financial institutions, thrift banks and rural banks under the SME Unified Lending Opportunities for National Growth (SULONG) Program, authorized under Memorandum to All Thrift Banks, Rural Banks and Government Financial Institutions dated March 4, 2003, of the Report on Compliance with the Mandatory Credit Allocation Required under R. A. 6977, as amended by R. A. 8289 shall be adjusted/revised, by adding another field for record #80.

The covering SME template as revised will be transmitted by the Supervisory Reports and Studies Office to banks electronically linked with BSP, or may be copied in diskettes at SRSO, 16th Floor, Multi-Storey Building, BSP Complex, Manila. The foregoing revisions shall be effective for reports as of December 31, 2003.

ALBERTO V. REYES Deputy  Governor