Regulatory Alerts2001-11-23
Added · Updated
Credit Risk Management - Loan Classification and Provisioning
The regulator issued document SPM-NGL on November 23, 2001, to establish guidelines for credit risk management regarding loan classification and provisioning. This directive applies to all authorized institutions and serves as a core component of the regulatory framework for managing problem credits. It is directly related to other standards such as SPM-SGL and complements reporting requirements found in the Quarterly Analysis of Loans and Advances.
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