MORNBFI Vol. 1 - Planters Development Bank

APP. Q-308.12.31Annex Q-3-aINFORMATION ON ONE-YEAR BORROWING-INVESTMENT PROGRAMTO BE SUBMITTED BY QUASI BANKS(Annex to Appendix Q-3)1. Investment areas indicatingindustry direction of the corporationengaged in quasi-banking, indicating as aminimum, the following:(a) money market operations;(b) investments in stocks and bonds;(c) investments in governmentsecurities;(d) receivables financing;(e) leasing activities; and(f) direct loaning operations.Likewise to be disclosed are theother preferred areas of investment, e.g.,real estate, condominium, and thoserelated to the government programs andother projects which may be determinedby the BSP.For investment houses with quasibankingfunctions, the proposedunderwriting program, as well as theprevious year's activities, shall also besubmitted identifying debt and equityissues.2. Borrowing operations to support theinvestment program indicating among others:(a) Maturity - short-term: less than ayear- medium-term: one (1)year to five (5) years- long-term: more thanfive (5) years(b) Interest rate per annum for theabove three types of borrowings (moreindicatory than fixed).Individual or institutional source of funds;whether domestic or foreign, governmentalor private, financial or non-financial.3. Preference shall be given to fundusage and mobilization at terms beyondone (1) year.Manual of Regulations for Non-Bank Financial InstitutionsQ RegulationsAppendix Q-3 - Page 15