BSP Circular Letters BSP Circular Letter No. CL05182001BSP Circular Letter No. CL05182001 2001-05-18T00:00:00.000+08:00
Unsecured DOSRI as a Deduction from Capital
CIRCULAR LETTER Series of 2001
To : All Banks
Subject : Unsecured DOSRI as a Deduction from Capital
The Account "Total outstanding unsecured credit accommodations, both direct and indirect, to directors, officers, stockholders, and their related interests (DOSRI)" that is required to be deducted from capital under Section X106 of the Manual of Regulations for Banks shall refer only to those granted by the bank proper.
For information and guidance.
ALBERTO V. REYES Deputy Governor
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