Skip to main content

General Provisions

C 28/2010 Effective from 10/3/2010

In addition to the specific provisions, banks should make general provisions for unclassified loans and advances equal to 1.50%, of the risk weighted assets as per Basel – 2, such provisions must be built over 4 years. Federal government loans and loans of companies owned and/or guaranteed by federal government as well as direct loans of local governments and loans of companies guaranteed by local governments will be exempted.