Enhancements to the Risk-Based Capital Adequacy Ratio (CAR) Report in Relation to Recently Issued Regulations

May 7, 2013BSP MEMORANDUM NO. M-2013-017TO:All Stand-Alone Thrift Banks, Rural Banks and Cooperative Banks   SUBJECT:Enhancements to the Risk-Based Capital Adequacy Ratio (CAR) Report in Relation to Recently Issued Regulations Pursuant to Circular No. 713 dated 14 February 2011 on the Risk Weighting of Bank Loans to the Extent Guaranteed by the Agricultural Guarantee Fund Pool (AGFP), Circular No. 717 dated 25 March 2011 on the Risk Weight of Credit Exposures Guaranteed by the LGU Guarantee Corporation (LGUGC) and Treatment of Guarantees under the Risk-based Capital Adequacy Framework of Stand-alone Thrift Banks, Rural Banks and Cooperative Banks, Circular No. 750 dated 1 March 2012 on Risk Weighting of Bank Loans to the Extent Guaranteed by the Agricultural Guarantee Fund Pool (AGFP), and Circular No. 770 dated 28 September 2012 on the Amendments to the Risk-Based Capital Adequacy Framework for Stand-alone Thrift Banks, Rural Banks, and Cooperative Banks, the following guidelines on the electronic submission of the updated CAR report shall be observed by the covered banks: 1. The updated CAR data entry templates, the corresponding prescribed...