Dear rural bankers,
The Monetary Board, in its Resolution No. 232 dated February 7, 2014, approved the amendments to Appendix 63c and other related provisions of the Manual of Regulations for Banks (MORB) on the revised risk-based capital adequacy framework for stand-alone thrift banks, rural banks, and cooperative banks
Attached is a copy of the BSP Circular, as posted on their official website.
To download a copy, please click on this link: BSP Circular 827
For your reference.