Circular 272 (January 2001) provides the operating guidelines of the General Banking Law Provisions specifically it recognizes cash-flow based lending as a peculiar feature of microfinance, defines microfinance loans and provides for the exemption of microfinance loans from rules and regulations issued with regard to unsecured loans
Circular 273 (27 February 2001) partial lifting on moratorium on establishment of new banks as long as the new banks are microfinance- oriented
Circular 282 (19 April 2001) opens a rediscounting facility for rural banks/cooperative rural banks engaged in microfinance
Circular 324 (2 March 2002) opens a rediscounting facility for thrift banks engaged in microfinance
Circular Letter 2002 – requiring reporting of banks with microfinance operations
Circular 340 (30 July 2002) provides the rules and regulations concerning the establishment of branches or loan collection and disbursement points (LCDPs);
Circular 365 (16 January 2003) liberalizes select provisions of Circular 340
Circular 364 (19 January 2003) Reduction to 75% the risk weight applicable to small and medium enterprises (SMEs) and microfinance loan portfolios that meet prudential standards
Circular 369 (17 February 2003) liberalizes select provisions of Circular 340
Circular 374 (11 March 2003) guidelines for the implementation of the Barangay Micro-Business Enterprise Law
Circular 409 (14 October 2003) provides the rules and regulations for the portfolio-at-risk (PAR)and the corresponding allowance for probable losses which depend on the number of days of missed payment
Circular 505 (22 December 2005) revises branching guidelines by allowing qualified microfinance oriented banks and microfinance oriented branches of regular banks to establish branches anywhere in the Philippines
Circular 549 (09 October 2006) exempts microfinance from the required submission of additional documents for the granting of loans
Circular 570 (24 May 2007) – allows wholesale loans of universal, commercial and branches of foreign banks to non-bank microfinance institutions as compliance to the 6% mandatory credit allocation to small enterprises.
Circular 607 (30 April 2008) – amends Circular Letter dated 2 October 2002 on the reportorial requirements banks' microfinance loans
Circular 625 (14 October 2008) – provides rules and regulations that govern the mandatory allocation of credit resources to micro, small and medium enterprises
Circular 649 (09 March 2009) – provides the guidelines governing the issuance of electronic money (e-money) and the operations of electronic money issuers (EMI) in the Philippines
Circular 669 (22 October 2009) – allows the servicing of limited withdrawals by microfinance/BMBE clients in LCDPs and OBOs of microfinance oriented banks/branches
Circular 678 (6 January 2010) – provides rules and regulations that govern the approval of banks' housing microfinance products
Circular 680 (03 February 2010) –provides rules and regulations on the approval of banks' micro-agri loans
Circular 683 (23 February 2010) –provides rules and regulations in the marketing, sale and servicing of microinsurance products by banks
Circular 685 (7 April 2010) –provides rules and regulations for the recognition of Microfinance Institution Rating Agencies
Circular 694 (14 October 2010) –amends regulations on the establishment of Other Banking Offices and Notes to Microfinance
Circular 725 (16 June 2011 ) –amends Manual of Regulations for Banks to address risks on relationships between banks and their related microfinance NGOs/Foundations and to classifies deposits of clients of NGOs/Foundations maintained with related lending bank as non-risk asset
