SME Development Week

CIRCULAR LETTER Series of 1999

TO : All Banking Institutions

SUBJECT : SME Development Week

As mandated under Presidential Proclamation No. 256 dated September 14, 1993, every third week of July of each year is declared as SME Development Week.

In line with this celebration, the SMED Council in cooperation with the government and private sectors would like to encourage the growth and development of small and medium enterprises in the country through appropriate promotional activities.

To help in its observance, all banking institutions and their branches are, therefore strongly encouraged to undertake promotional activities such as putting up of counter displays, streamers, billboards or theme logos as well as other relevant publicity as may be appropriate for the occasion.

All banking institutions through their respective Associations (BAP, CTB, RBAP) are requested to provide full support. The SMED Council Secretariat will be happy to assist you in this endeavor. For further details, please contact the SMED Council Secretariat at Tel. Nos. 8971680/8905494.

ALBERTO V. REYES Deputy Governor