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

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