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Bangko Sentral ng Pilipinas Circular No. 855

Guidelines on Sound Credit Risk Management Practices; Amendments to the Manual of Regulations for Banks and Non-Bank Financial Institutions

BSP Circular No. 855 |

BANGKO SENTRAL NG PILIPINAS
 
 
OFFICE OF THE GOVERNOR
 
CIRCULAR NO. 855
Series of 2014
 
Subject: Guidelines on Sound Credit Risk Management Practices; Amendments to the Manual of Regulations for Banks and Non-Bank Financial Institutions
 
The Monetary Board in its Resolution No. 1606 dated 9 October 2014, approved the following guidelines on sound credit risk management practices as well as the amendments/deletions of certain provisions in the Manual of Regulations for Banks (MORB) and Manual of Regulations for Non-Bank Financial Institutions (MORNBFI).
 
Section 1. Section X178/41780/4197N on credit risk management...