What is the composition of the reserve requirements by the bangko sentral ng pilipinas on rural bank?

The Bangko Sentral ng Pilipinas (BSP) sets reserve requirements for rural banks to ensure liquidity and stability in the financial system. Typically, rural banks are required to maintain a certain percentage of their deposit liabilities as reserves, which can vary depending on the bank's classification and the BSP's monetary policy goals. These reserves can be held in the form of cash or deposits with the BSP. The specific rates and conditions may change, so it's essential for banks to stay updated with BSP regulations.