Outstanding balances of restructured loans of thrift banks (TBs) and non-bank financial institutions engaged in quasi-banking functions (NBQBs)

MEMORANDUM Series of 1998

To: All Thrift Banks and Non-Bank Financial Institutions Engaged in Quasi-Banking Functions

The outstanding balances of restructured loans of thrift banks (TBs) and non-bank financial institutions engaged in quasi-banking functions (NBQBs) shall be reported to the Department of Thrift Banks and Non-Bank Financial Institutions, Bangko Sentral ng Pilipinas, using the following format.

Name of TB/NBQB —   Restructured Loans (RLs) as of Month/Date/Year: RLs — Without Uncollected Capitalized Interest Pxxx RLs — With Uncollected Capitalized Interest xxx RLs — Past due xxx RLs — Items in Litigation xxx RLs — Allowance for probable losses (xxx) —— RLs — Net Pxxx ==== Attached as Annex A are the guidelines in accomplishing the report format.

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

Subsequent data on restructured loans shall be reported as additional information at the bottom of the second page of the Consolidated Statement of Condition [TB Form 2 for thrift banks (monthly); CBP 7-26-02A for IHs (quarterly); and CBP 7-26-02B for FCs (quarterly)].

ALBERTO V. REYES Deputy Governor