BSP Circular Letters BSP Circular LetterBSP Circular Letter 1999-11-29T00:00:00.000+08:00

Statement of Outstanding Account Balances of Deposits/Placements of their Depositors/Clients

N

MANILA

OFFice oF tHe GOVERNOR

CIRCULAR LETTER

Series of 1999

TO All Banks.

Non-Banks with Quasi-Banking Functions

system, all Banks and Non-Bank Financial Intermediaries with Quasi-Banking Functions are hereby directed to provide statement of outstanding account balances of deposits/placements of their depositors/clients as of November 30, 1999 or December 15. As one of the measures to ensure continued public confidence in the financial

1999 for immediate release prior to January 1, 2000.

All Banks and Non-Banks Financial Intermediaries with Quasi-Banking

banking day of December 1999 and make them available to clients upon request. Functions are also advised to generate (before January 1, 2000) hard copies of all reports pertaining to the balance of deposits/placements of depositors/clients as of the last

RAFAEL B. BUENAVENTURA

Governor

November 29 1999

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