MORNBFI Vol. 1 - Planters Development Bank

§ 4116Q.408.12.31c. QB premises, furniture, fixturesand equipment net of depreciation. Thisrefers to the cost of land and improvementsused as the QB premises, and furniture,fixtures and equipment owned by the QB.d. Cash on hand. This refers to totalcash held by the QB consisting of bothnotes and coins in Philippine currency.e. Central government of a foreigncountry. This refers to the centralgovernment which is regarded as such bya recognized banking supervisoryauthority in that country.f. Claims. This refer to loans or debtobligations of the entity on whom the claimis held, and shall include, but shall not belimited to, the following accounts,inclusive of accumulated market gains/(losses) and accumulated bond discount/(premium amortization), and net of specificallowance for probable losses:(1) Due from BSP;(2) Due from other banks;(3) Interbank loans receivable;(4) Loans and discounts, includinglease contract receivables, net of advanceleasing income received and receivablesfinanced for Financing Companies (FCs);(5) Restructured loans;(6) Trading account securities - loans;(7) Underwriting accounts - debtsecurities (for IHs);(8) Underwriting accounts - equitysecurities (for IHs);(9) Trading account securities - debtsecurities;(10) Trading account securities - equitysecurities (for IHs);(11) Available for sale securities;(12) Investments in bonds and otherdebt instruments (IBODI); and(13) Others, e.g., accounts receivableand accrued interest receivable.Accruals on a claim shall be classified andrisk weighted in the same way as the claim.g. Consolidated basis. This refers tocombined statement of condition (SOC) ofparent QB and subsidiary financial alliedundertakings, but excluding insurancecompanies.h. Debt capital instruments. Thisrefers to unsecured subordinated term debtinstruments qualifying as capital of banks.i. Equity investments. This refers toinvestments in capital stock of companies,firms or enterprises, made for purposes ofcontrol, affiliation or other continuingbusiness advantage.j. Exchange rate contracts. Thisincludes cross-currency interest rate swaps,forward foreign exchange (FX) contracts,currency futures, currency optionspurchased and similar instruments.k. Financial allied undertakings. Thisrefers to enterprises or firms withhomogenous or similar activities/business/functions with the financial intermediaryand may include but not limited to leasingcompanies, banks, IHs, FCs, credit cardcompanies, FIs catering to small andmedium scale industries (including venturecapital corporations), companies engagedin stock brokerage/securities dealership,companies engaged in FX dealership/brokerage, holding companies, and suchother similar activities as the MonetaryBoard may declare as appropriate fromtime to time, but excluding insurancecompanies.l. Foreign country/foreign incorporatedbank and Philippine incorporated bank/QBwith the highest credit quality. This refersto a foreign country/foreign incorporatedbank and Philippine incorporated bank/QBgiven the highest credit rating of any two(2) of the following internationally acceptedrating agencies:Rating AgencyHighest Rating(1) Moody’s “Aa3” and above(2) Standard and “AA-” and abovePoor's(3) Fitch IBCA “AA-” and above(4) Others as maybe approved bythe Monetary BoardManual of Regulations for Non-Bank Financial InstitutionsQ RegulationsPart I - Page 19