Increase in BSP Reserve Requirements for Trust Funds

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BSP MEMORANDUM: Increase in BSP Reserve Requirements for Trust Funds

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Title Supreme Court: Increase in BSP Reserve Requirements for Trust Funds

Law: Bsp Memorandum

Decision Date: Jul 22, 1995

The Bangko Sentral ng Pilipinas mandates an increase in required reserves for peso-denominated common trust funds from 10% to 15%, effective May 15, 1995, with provisions for government securities purchases and interest-earning deposits.

trust

fiduciary

reserves

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