BSP Rules on Banks Internal Credit Risk Rating

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BSP CIRCULAR NO. 439: BSP Rules on Banks Internal Credit Risk Rating

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Title Supreme Court: BSP Rules on Banks Internal Credit Risk Rating

Law: Bsp Circular No. 439

Decision Date: Jul 5, 2004

BSP Circular No. 439 mandates all universal and commercial banks to establish a formal internal credit risk rating system for corporate credit exposures, ensuring sound credit risk management through rigorous operational and technical standards, with compliance deadlines and penalties for delays.

credit risk

internal rating

banking regulations

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