THE PHILIPPINE central bank is proposing to amend the guidelines on large exposures for big banks and their subsidiaries, in an effort to improve credit concentration risk management. READ:
is proposing to amend the guideort to improve credit concentration risk management.
Under the proposed rules, an exposure is considered a large exposure if it is equal to or higher than 10% of a bank’s eligible capital. The framework will be applicable for universal and commercial banks as well as their subsidiary lenders and quasi-banks. Lenders should also look into whether the financial difficulties, insolvency, or default of one counterparty could in turn spill over to other counterparties in terms of repayments of liabilities.
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