Annual supervision fees for the assessable year 2002

Bana inas

CIRCULAR LETTER

Series of 2003

TO: ALL UNIVERSAL BANKS, COMMERCIAL BANKS, THRIFT BANKS, NON-

FUNCTIONS AND NON-STOCK SAVINGS AND LOAN ASSOCIATIONS BANKFINANCIAL INSTITUTIONS PERFORMINGQUASI-BANKING

assessable year 2002 for banks and non-banks, as follows: The Monetary Board decided to impose annual supervision fees for the

a EKBs/KBs 1/28 of 1% of average assessable assets for 2002

b TBs 1/28 of 1% of average assessable assets for 2002

C NBQBs 1/28 of 1% of average assessable assets for 2002

d NSSLAS or #100,000 whichever is lower 1/40 of 1% of average assessable assets for 2002

Please be guided accordingly.

003 ALBERTO V! REYES Deputy Governor

MAG-IMPOK SA BANGKO

MAYNILA, PILIPINAS 1004 . Tel No. 524-70-11 trunkline : URL: www.bsp.2ov.ph e-mail: [email protected]