Resolution No. CD-SIBOIF-566-1-DIC22-2008 dated 22 December 2008

The Board of Directors of the Superintendency of Banks and Other Financial Institutions,

SOLE CONSIDERATION

That based on the power granted by Article 3, numerals 3 and 13, and Article 10, numerals 1 and 7, of Law 316, Law of the Superintendency of Banks and Other Financial Institutions, and its reforms in Law 552, Law of Reforms to the aforementioned Law 316;

In exercise of its powers,

HAS ISSUED

The following,

STANDARD OF ADDITION TO THE STANDARD ON CREDIT RISK MANAGEMENT

FIRST: Letter g) is added to Article 52 of the Standard on Credit Risk Management issued by the Board of Directors of the Superintendency of Banks, dated 20 August 2008, contained in Resolution CD-SIBOIF-547-1-AGOST20-2008, which shall read as follows:

g) In special circumstances, entities may request from the Superintendent of Banks specific exceptions to the application of this standard. The latter, by reasoned resolution, shall rule on the matter, informing the Board of Directors of the Superintendency of such exceptions. In no case shall it be applicable to consumer loans.

SECOND: Effectiveness: This standard shall enter into force upon its notification.

(f): Víctor M. Urcuyo V.; (f) Gabriel Pasos Lacayo; (f) Alfredo Cuadra García; (f) Roberto Solórzano Chacón; (f) Antenor Rosales Bolaños; (f) U. Cerna B., (f) URIEL CERNA BARQUERO, Secretary Board of Directors SIBOIF

URIEL CERNA BARQUERO
SECRETARY