Regulatory Alerts2009-06-22 | BSD/DIR/GEN/CIR/03/010RE: Submission on Details of Total Exposures to Companies in the Energy Sector
The Ag. Director of Banking Supervision requests all banks to submit details of their total exposures to companies in the Energy Sector, including Up-Stream, Down-Stream and Oil Service companies, as at May 31, 2009 by June 26, 2009. The details required are: borrower's name; outstanding balance; performance status under three classifications - Performing, Non-Performing, and Restructured; collaterals given along with their current market value.
234-9-46236403 234-9-46236418 June 19th, 2009 BSD/DIR/GEN/CIR/03/010 CIRCULAR TO ALL BANKS RE: SUBMISSION ON DETAILS OF TOTAL EXPOSURES TO COMPANIES IN THE ENERGY SECTOR All banks are hereby requested to submit to the Ag. Director of Banking Supervision details of their total exposures to the companies in the Energy Sector, namely Up- Stream, Down-Stream and Oil Service companies, as at May 31, 2009. The details should include:
- The borrower - The outstanding balance - The performance status under the following classification; Performing, Non- Performing and Restructured
- Collaterals given and their current market value The information should reach the Ag. Director of Banking Supervision no later than Friday, June 26, 2009.
D.A. N. EKE AG. DIRECTOR OF BANKING SUPERVISION