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(NAR) VOL. 10 NO. 3 / JULY - SEPTEMBER 1999

[ BSP CIRCULAR NO. 1323, January 27, 1992 ]

INDUSTRIAL PARK PROJECTS AND/OR INDUSTRIAL ESTATE DEVELOPMENTS IN THE LIST OF NON-ALLIED UNDERTAKINGS ELIGIBLE FOR INVESTMENT BY EXPANDED COMMERCIAL BANKS



The Monetary Board, in its Resolution No. 1332 dated December 4, 1991, approved the inclusion of industrial park projects and/or industrial estate developments in the list of non-allied undertakings eligible for investment by expanded commercial banks.

This Circular shall take effect immediately.

Adopted: 27 Jan. 1992

(SGD.) JOSE L. CUISIA, JR.
Governor
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