Amendments to the Reporting Template on Bank Loans and Deposits Interest Rates

EIANoKo SeNrneL NG PILIPINAs OFFICE OF THE GOVERNOR ctRcutAR No. r.029 Series of 2OL9 Subject: Amendments to the Reporting Templates on Bank loans and Deposits Interest Rates The Monetary Board, in its Resolution No.50 dated 10 January zOLg, approved the revised reporting templates on interest rates of deposits and loans covering Universal Banks and Commercial Banks (UBs/KBs). The enhanced and simplified reporting templates seek to capture relevant granularity for effective monitoring and transparency requirement. Section 1. Subsection 1192.13(a) of the Manual of Regulations for Banks (MORB) is hereby amended to reflect the enhancement of the reporting template on bank interest rates on loans and deposits to read, as follows: "Subsection 1192.13 Additionol reports lrom lJBs/KBs a. Volume and weighted average interest rotes of deposits and loons. All head offices of UBs/KBs shall report to the Supervisory Data Center of the Bangko Sentral the following: (1) weekly data on volume of transactions and weighted average interest rates on deposits received and loans granted with relevant details as to maturity, size and product category/type, and (2) monthly repoft on the weighted average interest rate on outstanding loans and deposits by product category/type. This report shall be considered a Category I report and shall be submitted in accordance with Appendix 6. Erroneous/delayed/erroneous and delayed/unsubmitted reports shall be subject to penalties in accordance with the provisions of Subsection X184.3 for Category I reports. xxx Section 2. Appendix 6 of the MORB is hereby amended to reflect the simplified reporting framework, including the revised frequency of submission of reports on bank interest rates on loans and deposits to read, as follows: MOR Submission Submission Category Form No. Report Title Frequency Ref. Deadline Procedure xxx xxx xxx xxx xxx xxx xxx r\. M,rbini St.. Mirl,ite 1.00,:i Manil,). Phrlippin0r, . {6J2)7AS77Al. www.bsrr.f.lov,ph . brpnlarl((jjb;tl.rlov.i:h

B Form 1 L192.L3 Volume and Weekly Not later sDc Page 1 of 3 lnterest Rates on than-Friday Peso- after end of Denominated reference Loans and week Receivables - Others B Form 1 LL92.L3 Volume and Weekly Not later sDc Page 2 of 3 Interest Rates on than Friday Peso- after end of Denominated reference Deposits week B Form 1 Volume and Weekly Not later sDc Page 3 of 3 Interest Rates on than-Friday Dollar- after end of Denominated reference Deposits week B Form2 LL92.t3 Weighted Mopthly Not later sDc Page 1 of 2 Average Interest than 15 Rates on Peso- banking days Denominated after end of Loans and reference Form 2 month Page 2 of 2 Weighted Average Interest Rates on Deposits xxx xxx xxx xxx xxx xxx xxx The equivalent reports for Thrift Banks in Appendix 6 of the MORB are hereby deleted. Section 3. The revised reporting templates covering amendments to the reporting templates on bank loans and deposits interest rates are attached, as follows: Annex Report Title L Volume and Interest Rates on Peso-Denominated Loans and Receivables - Others La Volume and Interest Rates on Peso-Denominated Deposits 1b Volume and Interest Rates on Dollar-Denominated Deposits 2 Weighted Average lnterest Rates on peso-Denominated-Loans 2a Weighted Average Interest Rates on Deposits

The guidelines governing the mode and manner of submission of the electronic reportorial templates shall be covered by a separate issuance. Section 4. The following transitory provision shall be incorporated as footnote to Subsection 1192.13(a) as follows: UBs and KBs shall submit both the existing and revised reports for one month beginning 01 February 2OL9 without penalty. Starting 01 March 20L9, UBs and KBs shall submit the revised reports and erroneous/delayed/erroneous and delayed/unsubmitted reports shall be subject to penalties in accordance with Subsectlon X184.3 for Category B reports. The timelines are set out in the table below: Timelines Transitorv Period 01-28 Februarv 20L9 Actual implementation 0l March 2019 Section 5. This Circular shall take effect fifteen (15) calendar days following its publication either in the Official Gazette or in a newspaper of general circulation. FOR THE MONETARY BOARD: fftte-' CHI G. FONACIER fficer-ln-Charge {January 2OL9

FORM 1 SUBI\4lSSlON: SDC Page '1 of 3 (Name of Bank) ]/ VOLUME AND INTEREST RATES ON PESO-DENOMINATED LOANS ANO RECEIVABLES - OTHERS For the week ending Dale z WEIGHTED TOTAL VOLUME GRANTED INDICATIVE RATES"/ EFFECTIVE INTEREST RATES AVEMGE NUIUOtrK UT UPPTR LOWbK UPPEH INTEREST TRANSACTION (ln thousand) LIMIT LIMIT LIMIT LIMIT RATES (WA|R)' LOANS TO GOVERNMENT Short-term (1 year and below) Medium-term (over 1 year to 5 years) Long-term (over 5 years) 2. LOANS TO PRIVATE CORPORATION Short-term (1 year and below) Mediurterm (over 1 year to 5 years) Long-term (over 5 years) CONTMCTS TO SELL Medium-term (over 1 year to 5 years) Long-term (over 5 years) AGMRIAN REFORM ANO OTHER AGRICULTURAL LOANS Short-term (1 year and below) Medium-term (over I year to 5 years) Long-term (over 5 years) SMALL AND MEDIUM ENTERPRISE LOANS Short-term (1 year and below) Medium-term (over 1 year to 5 years) Long-lerm (over 5 years) MICROENTERPRISE LOANS 3 months and below over 3 months to 6 months over 6 months to 1 year over 'l year 7. LOANS TO INDIVIDUALS 7.a. MOTOR VEHICLE LOANS Short-term (1 year and below) Medium-term (over '1 year to 5 years) Long-term (over 5 years) 7.b. SALARY.BASED GENERAL.PURPOSE CONSUMPTION LOANS Short-term (1 year and below) Medium-term (over 1 year to 5 years) Long-term (over 5 years) 7.c. HOUSING LOANS Short-term ('1 year and below) Medium-term (> 1 year to 5 years) Long-term (> syears) E 7.d. CREDIT CARO 7.e. OTHERS Short-term (1 year and below) Medium-term (over 1 year to 5 years) Long-term (over 5 Years) Package (FRP) for Banks, Interest rates shall be in percent per annum and rounded up to three (3) decimal places. z Reference week refers to ths week beginning on Thursday and ending on Wednesday. a Major categories of loans as defined in the FRP for Banks. { Refers to the "quoted lending rates" by banks. same maturity period during the reference week. specmed in the contracu€greeme.nt on the.use of the credit card. Prepared by: Certified correct: (Signature over printed name) (Signature over printed name)

FORM 1 SUBMISSION: SDC Page 2 ot 3 (Name of Bank) VOLUME AND INTEREST RATES ON PESO.DENOMINATED DEPOSITS " For the week ending Dale z trrrcu I tvtr WEIGHTEO TOTAL VOLUME RECEIVED INNI'ATI\/F PATtrq' INTEREST RATES AVERAGE AMOUNT LOWER INTEREST PARTICI II ARS 3/ TRANSACTION {ln thousand) LIMIT LIMIT LIMIT LIMIT RATES (WArR) ' DEMAND OEPOSIT SAVINGS DEPOSIT 2.a. REGULAR SAVINGS ACCOUNT 2,b. BASIC DEPOSIT ACCOUNT 2.c. KIODIE ANO TEEN SAVINGS ACCOUNT 2.d. OTHER SAVINGS ACCOUNT Classified as to maturity period up to 1 mo. over 'l mo. to 3 mos. over 3 mos. to 6 mos. over 6 mos. to 1 Year over 1 year to 5 years over 5 yea6 Classified as to size of deposits bdow P50,000 P50,000 to P100,000 over P100,000 to P500,000 over P500,000 to P1,000,000 over P1,000,000 TIME DEPOSIT Classitied as to maturity Period up to 1 mo. over 1 mo. to 3 mos. over 3 mos. to 6 mos. over 6 mos. to 1 year over 1 year to 5 years over 5 yea6 Classitied as to size of deposits below P50,000 P50,000 to P100,000 over P100,000 to P500,000 over P500,000 to P,1,000,000 over P1,000,000 4. LONG TERM NEGOTIABLE CERTIFICATES OF DEPOSIT Classified as to maturity Period up to 5 years over 5 years Classitied as to size of deposits up to P500,000 over P500,000 to P5,000,000 over P5,000,000 to P'10,000,000 over P10,000,000 1i Covers all peso-denominated dep Financial Reporling Package for Banks; Interest rates shall be in percent per annum and rounded up to three decimal places. ' Reference week refers to the week beginning on Thursday and ending on Wednesday. 3/ Major categories of loans as defined in the FRP for Banks. { Refers to lhe'quoted deposit rates" by banks rWA|RiscomDutedbasedonthesumoftheprodUctoftheintertrates received with the same maturity period during the reference week. Preparedby:certiliedcofrect: (Signature over printed name) (Signature over printed name)

FORM 1 SUBlt4lSSlON: SDC (Name ot Bank) 1/ VOLUME ANO INTEREST RATES ON DOLLAR-DENOMINAT€D DEPOSITS For the week ending Date z EFFECTIVE WEIGHTED TOTAI VOLIJMF RECFIVFI) INDICATIVE RATE53/ INTEREST RATES AVERAGE NUMBER OF AMOUNT LOWER UPPER LOWER UPPER INTEREST PARTICULARS TRANSACTION tln thousan.l) LIMIT LIMIT LIMIT LIMIT RATES (WAIR) '' 1. DEMAND DEPOSIT 2. SAVINGS DEPOSIT 3, TIME DEPOSIT Classified as to maturity period uplo 1 mo. over 1 mo. io 3 mos. over 3 mos. to 0 mos. over 6 mos. to 1 year over 1 year to 5 years over 5 years Classified as to size of deposits below USD1,000 over USD1,000 to USD2,000 over USD2,000 to USD6,000 over USD6,000 to USD10,000 over USD10,000 to USO20,000 over US020,000 r/ Covers all dollar-denominated Financial Reporting Package for Banks. Interest rates shall be in percent per annum and rounded up to three decimal places. z Reference week refers to the week beginning on Thursday and ending on Wednesday. v Refers to thg "quoted deposit rates" by banks. {WA|RiscomputedbasedonthesumoftheproductoftheinterestratesanddepositsreceivedWiththesametenordur received with the same maturity period during the reference week. Prepared by: (Signature over pnnted name) (Signature over printed name)

SUBMISSION: SDC FORM 2 WEIGHTED AVEMGE INTEREST RATES ON PESO.OENOMINATED LOANS For the month ot WEIGHTED AVEMGE OUTSTANOING AVERAGE FREQUENCY OF INTEREST INCOME3/ LOANS./ INTEREST 1/ PFPPINTNG Z /l^ th^, MTES (WAIR) ' PARTICT,LARS '€.^dl 1. LOANS TO GOVERNMENT Short-term (1 year and below) Medium-term (over 1 year to 5 years) Long-term (over 5 years) LOANS TO PRIVATE CORPORATION Short-term (1 year and below) Medium-term (over 1 year to 5 years) Long-term (over 5 years) CONTRACTS TO SELL Medium-tem (over 1 year to 5 Years) Long-term (over 5 years) AGRARIAN REFORM AND OTHER AGRICULTURAL LOANS Short-lerm (1 year and below) Mediumlerm (over 1 year to 5 Years) Longierm (over 5 years) SMALL ANO MEOIUM ENTERPRISE LOANS Shorl{erm (1 year and below) Medium{erm (over'1 year to 5 years) Long-term (over 5 Years) MICROENTERPRISE LOANS 3 months and below over 3 months to 6 months over 6 months to 1 year ovet 1 yeal 7. LOANS TO INOIVIDUALS 7.a. MOTOR VEHICLE LOANS Short-term (1 year and below) Medium-term (over 1 year to 5 years) Long-term (over 5 Years) 7,b. SALARY-BASEO GENEML-PURPOSE CONSUMPTION LOANS Short-term (1 Year and below) M€dium-term (over 1 year to 5 years) Long-term (over 5 Years) 7.C. HOUSING LOANS Short-term (1 Year and below) Medium-term (> 1 year to 5 Years) Long-term (> Syears) 7.d. CREDIT CARD 7.e. OTHERS Shorl-term ('1 year and below) Medium{erm (over 1 Year to 5 Years) Long-term (over 5 Years) 1/ Maior categories of loans as dellned in the Financial Reporting Package (FRP) for Banks. z Referstothemostfrequentrepricingperiodforthemonth;e.g.weekly,bi-weekly,monthly,semi-monthly,quarterly,semi-annually,annually or others. 3/ Refers to interesl income derived from peso loans of receivables from residents in line with Schedule 29d1 of the FRP for Banks ./ Coversoutstandingpeso-denominatedloans(inailbankbrancheswhichshouldbeconsolidatedbytheheadoflice)ofresidentsinlinewithSchedulellaoftheFRPforBanks; computed by getting the simple average of daily outstanding loans during the reference month' a WA|Risderivedbymultiplyinglnterestlncomebyl2multipliedbylOO dividedbyAverageDailyOustandingLoansi roundedof{tothreedecimal places. Pieparcd by: (Signature over printed name) (signature over pflnteo name)

FORM 2 SUBt\.llsSlON: SDC , Page2ol2 (Name of Bank) WEIGHTED AVERAGE INTEREST RATES ON DEPOSITS For the month ot WEIGHTED INTEREST AVERAGE DAILY AVERAGE FREOUENCY OF A LEVEL OF INTEREST EXPENSE oEoot^tf,tc z MTES (wArR) " PESO.DENOMINATED DEPOSITS 1. DEMANDDEPOSIT 2. SAVINGS DEPOSIT 2.a. REGULAR SAVINGS ACCOUNT 2.b, BASIC DEPOSIT ACCOUNT 2.c. KIDDIE AND TEEN SAVINGS ACCOUNT 2.d. OTHER SAVINGS ACCOUNT Classified as to maturity period up to 1 mo. over 1 mo. to 3 mos. over 3 mos. to 6 mos. over 6 mos. to 1 year over 1 year to 5 ysaG over 5 yeare Classified as to size ot deposils below P50,000 P50,000 to P100,000 over P100,000 to P500,000 over P500,000 to P1,000,000 over P1,000,000 3, TIME DEPOSIT Classified as to maturity period up to 1 mo. over '1 mo. to 3 mos. over 3 mos. to 6 mos. over 6 mos. to 1 year over 1 year to 5 years over 5 years Classified as to size ot deposits below P50,000 P50,000 to P100,000 over P100,000 to P500,000 over P500,000 to P1,000,000 over P'1,000,000 4. LONG TERM NEGOTIABLE CERTIFICATES OF DEPOSIT Classified as to maturity period up to 5 years over 5 years Classified as to size of deposits up to P500,000 over P500,000 to P5,000,000 over P5,000,000 to P10,000,000 over P10,000,000 DOLLAR.DENOMINATED DEPOSITS 1. DEMANDDEPOSIT 2. SAVINGS DEPOSIT 3. TIME DEPOSIT Classitied as to maturity period up to 1 mo. over 1 mo. to 3 mos. over 3 mos, to 6 mos. over 6 mos. to 1 year over 1 year to 5 years over 5 yea6 Classified as to size of deposits below USD'1,000 ov6r USDl,000 to USD2,000 over USD2,000 lo US06,000 over USD6,000 to USO10,000 over USD10,000 to USD20,000 over usD20.000 t/ Major categories of deposit as defined in the Financial Reporting Package (FRP) for Banks. z Refe6 to the most frequent repricing period tor tie month; e.g. weekly, nbFweekly, monthly, semi-monthly, quartedy, semi-annually, annlally or oneF. v RefeG to interest expense on peso savings deposits in line with Schedule 30a of the FRP for Banks. a Covers pesedenominated savings deposits of residents (in all bank branches which should be consolidated by the head ofiice) in line with SchedulE 22 of the FRP tor Banks; computed by getting the simple average ot daily level of deposits during the reference month. t wAlR is derived by muluplying Interest Expense by 12 multiplied by 100 divided by Average Daily Level ot Deposits; rounded off to three decimal places. Prepared by: Certified correctl (Signature over printed name) (Signature over printed name)