Computation of Capital to Risk Assets Ratio in Accordance with the Basle Guidelines, as Modified
CIRCULAR LETTER Series of 1993
TO : All Commercial Banks, Expanded Commercial Banks, and Land Bank of the Philippines
Pursuant to the Monetary Board Resolution No. 544 dated June 25, 1993, the attached quarter-end report form "Computation of Capital to Risk Assets Ratio in Accordance with the Basle Guidelines, as Modified" shall be accomplished starting September 30, 1993 and every quarter thereafter to prepare banks for the eventual adoption of the Basle risk-based capital adequacy standard and for monitoring purpose.
The deadline for the submission of the accomplished report form to the SES Departments I and VI is on the 15th banking day after the end of reference quarter.
GABRIEL C. SINGSON Governor
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