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BSP Circular Letter dated 28 February 2005: Recognition of the National or Domestic Credit Ratings |
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Series of 2005 TO : All Banks and Non-Bank Financial Institutions Subject : Recognition of the National or Domestic Credit Ratings Undertaken by Fitch Singapore Pte. Ltd. for Bank Supervisory Purposes Pursuant to Monetary Board Resolution No. 206 dated 10 February 2005, the national or domestic credit ratings of FITCH SINGAPORE PTE LTD., a BSP-recognized international credit rating agency with representative office in the Philippines, is hereby recognized by the BSP for bank supervisory purposes. Accordingly, national or domestic credit ratings assigned by FITCH SINGAPORE PTE LTD. may be used, among others, as basis for determining appropriate risk weights in ascertaining compliance with existing rules and regulations on risk-based capital requirements. For information/guidance. ALBERTO V. REYES Officer-in-Charge 28 February 2005 www.bsp.gov.ph |
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Circular Letters/Memoranda |
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Speeches/ Presentations |
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Photo Gallery |
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The 2008 RBAP Charter Symposium |
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2008 CFI Awards |
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Rural Banking Week Celebration Golf Tournament |
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Client Satisfaction Survey for Licensing Management System of the Supervision and Examination Sector |
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Financial Reporting Package 2008 |
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BSP releases regulations on liquidity, market risk weighting |
