For compliance.

December 10, 2013 BSP MEMORANDUM NO. M-2013-056 TO : All Universal and Commercial Banks and Their Subsidiary Banks and Quasi-Banks SUBJECT : Amendments to the Revised Risk-Based Capital Adequacy Ratio Reporting Template Pursuant to Circular No. 781 Dated 13 January 2013 on the Implementation of Basel III Standards Pursuant to Monetary Board Resolution No. 2096 dated 14 December 2012, the Basel III capital reforms under Circular No. 781 dated 13 January 2013 shall take effect on 1 January 2014. Starting with the reporting period ending 31 March 2014, the Computation of the Adjusted Risk-Based Capital Adequacy Ratio Covering Combined Credit Risk, Market Risk and Operational Risk Report is amended and retitled as Basel III Capital Adequacy Ratio (CAR) Report . The Basel III CAR reports shall continue to be submitted quarterly within 15 banking days and 30 banking days after end of reference quarter for solo basis and consolidated basis, respectively. Such reports shall be classified as Category A-1 reports. Concerned entities shall likewise submit the CAR Summary Report, as revised and renamed as Basel III Capital Adequacy Summary Report, on a quarterly basis together with the Basel III CAR Report. The Summary Report shall continue to be accomplished in both solo and consolidated basis. IDAaCc The prescribed data entry template of the CAR Summary Report may be downloaded from the BSP website under http:/www.bsp.gov.ph/SES/reporting_templates starting 15 February 2014. Late and/or erroneous reporting of the Basel III CAR Report and the Summary Report shall be subject to penalties provided under Subsection X192.1 of the Manual of Regulations for Banks and Subsection 4192Q.1 of the Manual of Regulations for Non-Bank Financial Institutions for Category A-1 report starting with reporting period ending 31 March 2014. For compliance. (SGD.) NESTOR A. ESPENILLA, JR. Deputy Governor Universal Banks/Commercial Banks and All Their Subsidiary Banks and Quasi-Banks