Title
Expansion of the Coverage of the Rediscounting Facility Available to Rural and Cooperative Banks to Include Thrift Banks Among the Eligible Borrowers Under the BSP Microfinance Rediscount Facility
Reference
BSP Circular No. 324-02
Date
2002-03-02

March 2, 2002

BSP CIRCULAR NO. 324-02

EXPANSION OF THE COVERAGE OF THE REDISCOUNTING FACILITY AVAILABLE TO RURAL AND COOPERATIVE BANKS TO INCLUDE THRIFT BANKS AMONG THE ELIGIBLE BORROWERS UNDER THE BSP MICROFINANCE REDISCOUNT FACILITY

The Monetary Board, in its Resolution No. 174 dated January 31, 2002, approved the expansion of the coverage of the Rediscounting Facility available to rural and cooperative banks under under

This Circular shall take effect immediately.

(SGD.) RAFAEL B. BUENAVENTURA
Governor
Bangko Sentral ng Pilipinas