Reduction of Reserve Requirements in BSP Manual

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BSP CIRCULAR NO. 1377 s. 1993: Reduction of Reserve Requirements in BSP Manual

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Title Supreme Court: Reduction of Reserve Requirements in BSP Manual

Law: Bsp Circular No. 1377 S. 1993

Decision Date: Jan 21, 1993

BSP Circular No. 1377 reduces the reserve requirements for commercial banks, thrift banks, and non-bank financial intermediaries by a minimum of three percentage points for 1993, with further quarterly adjustments, to enhance liquidity and support economic growth.

reserve requirement

commercial banks

deposit substitutes

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