BSP Circulars BSP Circular No. 1367BSP Circular No. 1367 1992-11-23T00:00:00.000+08:00
Computation of the legal reserves on deposits and deposit substitutes of banks
CBP CIRCULAR NO. 1367 Series of 1992
The Monetary Board, in its Resolution No. 1041 dated November 6, 1992, approved the amendment of Circular No. 1332 so as to base the computation of the legal reserves on deposits and deposit substitutes of banks on a seven-day week starting Friday and ending Thursday, daily including Saturdays, Sundays, public holidays and days when there is no clearing (including special holidays), effective ten (10) weeks from November 6, 1992.
JOSE L. CUISIA, JR. Governor
More in BSP Circulars
- Amend the definition of non-performing loans as provided for under Circular No. 202(BSP Circular No. 248)
- Amendment to Appendix I of CB Circular 1389, s. 1993 on List of Regulated Commodities(BSP Circular No. 2)
- Short-term deliverable forward contracts with non-residents(BSP Circular No. 344)
- Rationalizing the Regulatory Requirements of Trust, Other Fiduciary and Investment Management Accounts under Discretionary and Non-Discretionary Mandates(BSP Circular No. 966)
- Amendments to the Regulations on Personal Equity and Retirement Account (PERA)(BSP Circular No. 1168)
- Regulation on the transport into or out of the Philippines foreign currency in excess of US$10,000 or its equivalent(BSP Circular No. 308)
- Amendments to the N-Regulations on Annual Supervision Fees for Non-Bank Financial Institutions with Trust Authority(BSP Circular No. 1228)
- To consider LGU Bonds as an alternative compliance with the agrarian reform credit req't under PD 717(BSP Circular No. 226)
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.