BSP Memoranda BSP MemorandaBSP Memoranda 1998-01-22T00:00:00.000+08:00

Format of report of current portion of restructured loans

BSP MEMORANDUM Series of 1998

To:  All Commercial Banks To:  All Commercial Banks All commercial banks shall report to the appropriate supervising and examining department, Bangko Sentral ng Pilipinas, details of the current portion of restructured loans using the following format:

Name of Commercial Bank Restructured Loans — Without Uncollected Capitalized Interest Pxxx Restructured Loans — With Uncollected Capitalized Interest xxx —— Total Restructured Loans — Current Pxxx ===== Attached as Annex A are the guidelines in accomplishing the details of the current portion of restructured loans.

Initial submission of the report for the year ended December 31, 1997 (as certified correct by a bank officer with rank not lower than a Vice President) shall be within twenty (20) banking days from the date of this memorandum.

Subsequent month-end data on restructured loans shall be reported as a footnote on the last page of the monthly prooflist to the Consolidated Statement of Condition.

ALBERTO V. REYES Deputy Governor

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