BSP CIRCULAR NO. 330, APRIL 24, 2002

: ROPOA stands for Real and Other Properties Owned or Acquired.
: No, only ROPOA acquired by banks in settlement of loans shall be eligible to be considered as part of compliance.
: Monetary Board Resolution No. 521 dated April 11, 2002.
: The amount considered shall be limited to the net book value of the ROPOA, excluding capital gains tax, documentary stamp tax, and other capitalized expenses.
: It took effect immediately upon issuance on April 24, 2002.
: No, these taxes and other capitalized expenses are excluded from the valuation.
: It allows banks to count certain acquired properties from loan settlements towards meeting their required loans to deposit ratio, providing regulatory relief and affecting how compliance is measured.
: No, only the net book value, minus certain taxes and expenses, is allowed.
: The Manual of Regulations for Banks.