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+ Follow CIRCULAR LETTER Tag
CIRCULAR LETTER
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1529449
                    [Title] => Government to accelerate state disbursements
                    [Summary] => 

With barely a month left before the year ends, the Aquino administration has moved to fast track still below-target state disbursements by removing the waiting time state banks need to observe before they could convert government checks into cash.

[DatePublished] => 2015-12-05 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20151206/glovernment-disburstment-2.jpg ) [1] => Array ( [ArticleID] => 1494335 [Title] => COA recommendation: ‘Move Capitol funds to approved banks’ [Summary] =>

The Commission on Audit has told the Cebu Provincial Government to transfer the almost P500 million in its time deposits and special savings deposits accounts in private banks to its existing current account, as stipulated in a Provincial Board resolution.

[DatePublished] => 2015-08-30 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Cebu News [SectionUrl] => cebu-news [URL] => ) [2] => Array ( [ArticleID] => 1490687 [Title] => BSP adds more perks for rural bank mergers [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) has issued the guidelines of a new program further sweetening the incentives as well as financial package to encourage mergers and consolidations among rural banks.

[DatePublished] => 2015-08-21 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 1436401 [Title] => BSP okays more applications for bank branches [Summary] =>

The Bangko Sentral ng Pilipinas approved more applications for bank branches in the fourth quarter on the back of lenders’ aggressive expansion in and out of the capital.

[DatePublished] => 2015-03-23 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1438879 [AuthorName] => Kathleen A. Martin [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20150112/BSP-Bangko-Sentral-ng-Pilipinas.jpg ) [4] => Array ( [ArticleID] => 1412729 [Title] => DBM clarifies role in disbursing PDAF funds [Summary] =>

The Department of Budget and Management (DBM) clarified yesterday its role in disbursing congressional allocations and other funds since 2005 as investigations into allegations of misuse of pork barrel funds and other appropriations continue.

[DatePublished] => 2015-01-14 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1805432 [AuthorName] => Paolo Romero [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [5] => Array ( [ArticleID] => 1296679 [Title] => More rural banks accredited for agri-agra lending [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) has added another rural bank to its list of accredited financial institutions that can receive funds from other lenders for compliance with the Agri-Agra Reform Credit Act of 2009.

[DatePublished] => 2014-03-04 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1438879 [AuthorName] => Kathleen A. Martin [SectionName] => Banking [SectionUrl] => banking [URL] => ) [6] => Array ( [ArticleID] => 1259430 [Title] => Abad pwedeng kasuhan ng contempt - SC justice [Summary] =>

Maaaring patawan ng parusa sa kasong contempt si Budget and Management Secretary Butch Abad.

[DatePublished] => 2013-11-22 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1096851 [AuthorName] => Doris Franche-Borja [SectionName] => Police Metro [SectionUrl] => police-metro [URL] => ) [7] => Array ( [ArticleID] => 1020981 [Title] => BSP accredits rural, thrift banks under Agri-Agra Law [Summary] =>

Ten rural and thrift banks have been accredited by the Bangko Sentral ng Pilipinas (BSP) to receive infusions from other lenders for compliance with the Agri-Agra Law of 2009.

[DatePublished] => 2013-07-28 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 842349 [Title] => BSP withdraws ING Bank's trust license [Summary] =>

 The Bangko Sentral ng Pilipinas (BSP) has approved the withdrawal of the trust license of Dutch financial giant ING Bank N.V. in Manila after a local bank acquired the trust and investment unit last year.

[DatePublished] => 2012-08-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 801961 [Title] => BSP urges banks to exercise prudence in extending loans to local government units [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) has cautioned banks against excessive loans extended to local government units (LGUs) by complying with the limits set by the Department of Finance (DOF).

[DatePublished] => 2012-05-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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