Revised Annual Fees for Banks and Quasi-Banks

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BSP CIRCULAR NO. 111A: Revised Annual Fees for Banks and Quasi-Banks

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Title Source: Supreme Court: Revised Annual Fees for Banks and Quasi-Banks

Law: Bsp Circular No. 111a

Decision Date: Aug 1, 1996

BSP Circular No. 111A establishes a revised framework for calculating annual fees for banks, quasi-banks, and thrift banks based on their average assessable assets, with specific rates set for the years 1993 to 1996 and provisions for administrative sanctions for non-compliance.

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