BSP Circulars BSP Circular No. 1378BSP Circular No. 1378 1993-01-20T00:00:00.000+08:00

To approve the exemption of the Subic Free Port Zone from the provision of Circular No. 1281

CBP CIRCULAR NO. 1378 Series of 1993

Under its Resolution No. 1099 dated November 23, 1992, the Monetary Board approved the exemption of the Subic Free Port Zone from the provision of Circular No. 1281 on the establishment of bank franchises thru bidding and the minimum bid requirement of P2.0 million.

JOSE L. CUISIA, JR. Governor

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