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(NAR) VOL. 20 NO.1 / JANUARY – MARCH 2009

[ BSP CIRCULAR NO. 633, S. OF 2008, November 28, 2008 ]

AMENDMENTS TO THE SEMESTRAL REPORT OF SELECTED BRANCH ACCOUNTS



Pursuant to Monetary Board Resolution No. 1487 dated 13 November 2008, the first footnote in the “Semestral Report of Selected Branch Accounts”, issued under Circular No. 613 dated 18 June 2008, shall now read, as follows:

“Account balances of extension offices/other banking offices which report and are organizationally and administratively attached to a head office or a branch, shall be consolidated with the head office or the concerned branch.”

The revised template is attached as Annex A[*].

This Circular shall take effect fifteen (15) calendar days following its publication either in the Official Gazette or in a newspaper of general circulation.

Adopted: 28 Nov. 2008

FOR THE MONETARY BOARD:

(SGD.) AMANDO M. TETANGCO, JR.
Governor


[*] Text Available at Office of the National Administrative Register, U.P. Law Complex, Diliman, Quezon City

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