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 between September 15 to December 31, 2020.

For more details please click the link below : 

https://www.bsp.gov.ph/Regulations/Issuances/2020/m068.pdf

Link for Frequently Asked Questions regarding "BARO" :

https://www.bsp.gov.ph/Regulations/Issuances/2020/m074.pdf