Guidelines on the Electronic Submission of the Interest Rates on Loans and Deposits (IRLD)

February 7, 2019

BSP MEMORANDUM NO. M-2019-004

TO:All Universal and Commercial Banks (UBs/KBs)
SUBJECT:Guidelines on the Electronic Submission of the Interest Rates on Loans and Deposits (IRLD)

Pursuant to BSP Circular No. 1029 dated 25 January 2019 on the Interest Rates on Loans and Deposits (IRLD) Report of Banks, UBs and KBs shall observe the timelines set out in the table below:

Particulars

Timelines

Submitted to

Type of Report

Transitory Period

01-28 February 2019

Department of Economic Statistics (DES) and

Existing reports

Supervisory Data Center (SDC)

Revised IRLD report

Actual implementation

01 March 2019

SDC

Revised IRLD report

The submission guidelines for the IRLD are as follows:

1. The prescribed data entry template (DET) and the corresponding Control Prooflist (CP) of the IRLD can be downloaded from http://www.bsp.gov.ph/SES/reporting_templates or requested from the BSP-Supervisory Data Center (SDC). HTcADC

2. The DET in Excel of the IRLD Report together with the scanned copy of the CP in Portable Document Format (PDF) signed by authorized official of the reporting BSP Supervised Financial Institution (BSFI) shall be electronically submitted within the prescribed deadline to: [email protected]:

using the prescribed format for the subject, as follows:

"IRLD...

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