031230

STATE BANK OF PAKISTAN - BANKING SUPERVISION DEPARTMENT
BSD Circular No. 12
December 30, 2003  

The Presidents/Chief Executives
All Banks/DFIs

Dear Sirs/Madam,

QUARTERLY REPORT OF CONDITION

In its efforts to streamline the data reporting to SBP through consolidation of returns and also to adopt the international best practices in this regard, SBP has decided to revise the format of the Quarterly Report of Condition.

In this connection, the Quarterly Minimum Capital Requirement (MCR) Statement being submitted by banks under BSD Circular Letter No. 13 dated October 24, 2003 has been merged with the Quarterly Report of Condition as Part-C. The Annual MCR Statement, duly certified by the external auditors will, however, continue to be submitted by the banks within three months of the close of their accounting year. The DFIs, however, are not required to submit information on MCR (Part-C and Annual MCR Statement).

The banks and DFIs are also advised to ensure that their Management Information System (MIS), among others, compiles information on their exposure to connected parties like subsidiaries, controlled firms, managed modarabas and other related parties and report the said information to the SBP in the revised Quarterly Report of Condition.

The revised format of the Quarterly Report of Condition is enclosed herewith and is also available on the SBP website (under BSD Circulars). The banks and DFIs are required to submit the Quarterly Report of Condition on revised format with effect from quarter ending December 31, 2003. The banks and DFIs are advised to ensure the submission of the said Quarterly Report of Condition within 30 days from the end of each calendar quarter, in hard copy alongwith a soft copy in computer diskette on the given format . For instance, the report for the quarter ending 31st December 2003 will be submitted by 30th January 2004 and so on. In case due date for the submission of the report happens to be a public holiday the last date will be the following working day.

Please acknowledge receipt.

Yours faithfully,
(JAMEEL AHMAD)
Director
 

Part A (QRC):

  1. Balance Sheet
  2. Profit & Loss Account Review
  3. A
  4. B
  5. C
  6. D
  7. E
  8. F
  9. G
  10. H

Part B (QRC):

  1. Position Of Non-Performing Loans (NPLs)

Part C (QRC):

  1. Capital / Capital Adequacy Ratio
  2. Risk Weighted Assets - On-Balance Sheet Items
  3. Weighted Non-Funded Exposures / Off-Balance Sheet Items