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MORNBFI Vol. 1 - Planters Development Bank

MORNBFI Vol. 1 - Planters Development Bank

MORNBFI Vol. 1 - Planters Development Bank

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APP. Q-208.12.31E. Less:Present Combined Capital AccountsP xxx(Base Period Figures)Add: xx% of above xxx xxxCapital Accounts - (Base Period)Capital Accounts - (Previous Year)IncreaseP xxxxxxP xxx*Rate of Increase = Increase = xx%Capital Accounts ofPrevious YearF. Estimated Excess of Capital over Minimum CapitalRequired or Additional Amount of Capital ApplicantMust Put Up, as the case may be P xxx*The computation to arrive at the "rate of increase" in capital accounts shall only be considered if there is sufficientindication or evidence that the NBQB will continue to follow the same amount of increase in capital accounts for thesucceeding year. If no evidence is found that the NBQB will continue to increase its capital accounts for the same amountfor the succeeding year, then computations should consider only the amount of net profits (after dividends) plowed into thebusiness for the year immediately preceding the date of application plus the amount of capital that the NBQB promised toput up per its schedule or program submitted to the Bangko Sentral. If no such schedule or program was submitted, thenonly the amount of net profits (after dividends) for the year immediately preceding the date of application should beconsidered.Q RegulationsAppendix Q-2 - Page 2Manual of Regulations for Non-<strong>Bank</strong> Financial Institutions

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