BSP Circulars BSP Circular No. 157BSP Circular No. 157 1998-03-19T00:00:00.000+08:00
To require all banks listed in the Philippine Stock Exchange to disclose additional information in the quarterly Published Statement of Condition
CIRCULAR NO. 157 Series of 1998
Pursuant to Monetary Board Resolution No. 405 dated March 18, 1998, all banks listed in the Philippine Stock Exchange are required to disclose the following additional information in the quarterly Published Statement of Condition:
Amount of non-performing loans and ratio to total loan portfolio
Amount of classified loans and other risk assets
General loan-loss reserve
Specific loan-loss reserve
This Circular shall take effect in December 1998.
For the Monetary Board:
GABRIEL C. SINGSON Governor
More in BSP Circulars
- Dissemination of Relevant Information Relative to "Truth in Lending Act" Disclosure Requirement (Corrected Copy)(BSP Circular No. 1052)
- Phased Lifting of the Moratorium on the Grant of New Banking License or Establishment of New Domestic Banks(BSP Circular No. 902)
- Capital of Non-Stock Savings and Loan Association(BSP Circular No. 290)
- Guidelines on Recovery Plan of Banks(BSP Circular No. 1158)
- Amendments to the Manual of Regulations for Non-Bank Financial Institutions (MORNBFI)(BSP Circular No. 431)
- Amendments to Regulations on Deposit for Stock Subscription of Banks/Quasi-Banks(BSP Circular No. 762)
- Amendment of Circular No. 280(BSP Circular No. 394)
- Inclusion of a holding company as a financial undertaking of expanded commercial banks(BSP Circular No. 115)
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