Rules on Bank Branch Establishment and Relocation

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BSP CIRCULAR NO. 1281: Rules on Bank Branch Establishment and Relocation

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Title Supreme Court: Rules on Bank Branch Establishment and Relocation

Law: Bsp Circular No. 1281

Decision Date: Apr 15, 1991

BSP Circular No. 1281 revises regulations for the establishment and relocation of commercial and thrift bank branches, introducing a bidding process for franchises in major areas, while allowing easier access for branches in lower-ranked municipalities and imposing strict compliance requirements for participating banks.

banking regulations

branch establishment

commercial banks

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