BSP Circular on Bank Annual Fee Computation

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BSP CIRCULAR NO. 101: BSP Circular on Bank Annual Fee Computation

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Title Supreme Court: BSP Circular on Bank Annual Fee Computation

Law: Bsp Circular No. 101

Decision Date: Dec 28, 1995

BSP Circular No. 101 amends the computation of annual fees for banks and quasi-banks, establishing a new formula based on total assessable assets and gross operating income, with specific provisions for collection and administrative sanctions for non-compliance.

annual fees

banks

quasi

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