Microfice Banks Licensing Rules BSP Circ. 273

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BSP CIRCULAR NO. 273: Microfice Banks Licensing Rules BSP Circ. 273

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Title Supreme Court: Microfice Banks Licensing Rules BSP Circ. 273

Law: Bsp Circular No. 273

Decision Date: Feb 27, 2001

The Monetary Board's Resolution No. 147 partially lifts the moratorium on new thrift and rural banks to facilitate the establishment of microfinance-oriented banks, requiring them to meet specific criteria aimed at enhancing financial services for low-income clients.

microfinance

thrift bank

rural bank

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