Press

October 1, 2020

BSP MEMORANDUM NO. M-2020-068

Implementation of Section 4(uu) of the R.A. No. 11494 on the "Bayanihan to Recover As One Act" Dear Valued Client: The New Bayanihan to Recover as One or BARO Act directs BSP-Supervised Financial Institutions (BSFIs) to provide a one time 60-day grace period to qualified clients with loan due dates ...

October 1, 2020

BSP MEMORANDUM NO. M-2020-068

Implementation of Section 4(uu) of the R.A. No. 11494 on the "Bayanihan to Recover As One Act" Dear Valued Client: The New Bayanihan to Recover as One or BARO Act directs BSP-Supervised Financial Institutions (BSFIs) to provide a one time 60-day grace period to qualified clients with loan due dates ...