Pursuant to Monetary Board Resolution No. 1098 dated August 6, 1999, all expanded commercial banks, commercial banks, thrift banks with at least P1 billion resources, and non-bank financial institutions performing quasi-banking functions (whether listed or not listed in the Philippine Stock Exchange) shall disclose the following additional information in the quarterly Consolidated Statement of Condition (bank and its financial subsidiaries) published side by side with the Statement of Condition (Head Office and its branches/other offices) for banks, and quarterly published Statement of Condition for NBQBs:

1. Non-performing loans and ratio to total loan portfolio;
2. Classified loans and other risk assets;
3. General loan loss reserve;
4. Specific loan loss reserve;
5. Return on equity (ROE);
6. DOSRI loans/advances and ratio to total loan portfolio; and
7. Past due DOSRI loans/advances and ratio to total portfolio.

All thrift banks with less than P1 billion resources, rural banks and cooperative banks shall disclose the above-listed information in the quarterly Statement of Condition required to be either published or posted in their respective premises and municipalities/barangays, as prescribed under existing regulations.

This Circular shall take effect in December 1999.

Adopted: 17 Aug. 1999

(SGD.) RAFAEL B. BUENAVENTURA
Governor