(NAR) VOL. 6 NO. 3 / JULY - SEPTEMBER 1995
"A rural bank may submit an application for a rediscount or loan in an amount not exceeding the following: (a) P900,000 for rural banks with a credit rating of "A" or "B" (b) P700,000 for rural banks with a credit rating of "C", and (c) P400,000 for rural banks with a credit rating of "D" and for newly established rural banks which have been in operation for not more than one year."
This Circular shall take effect immediately.
Adopted: 2 June 1995
(SGD.) GABRIEL C. SINGSON
Governor