In this spirit of working together, the BSP also did its part to help ease the impact of Yolanda by putting in place regulatory relief for banks in the affected areas, so they could extend the same to their customers.
Among others, the temporary relief measures include the following: For all banks   Allowing banks to provide financial assistance to their officers and employees who were affected by the calamity including those types of assistance that may not be within the scope of the existing BSP-approved Fringe Benefits Program.