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Effective from 2020-11-09 - Nov 08 2020 To view other versions open the versions tab on the right
23.
Every DTFC shall assess and provide for risks in the evaluation of their respective capital adequacy measurement.
24.
Every DTFC shall classify and assign risk weight to credit exposures into four categories according to their relative risk exposures, in the following manner-
i.
zero weight should be assigned to the on-balance sheet items including cash, balances with SAMA, claims on the government of KSA by way of investments in government of KSA securities, loans fully secured by cash and loans duly guaranteed by government;
ii.
20% weight, where deposits and balances due from commercial banks, financial institutions, DTFCs and claims (loans and advances) guaranteed by a multilateral development bank (MDB), a Regional Development Bank, or a development agencies;
iii.
50% weight where loans are fully secured by a residential property located within cities and municipalities in KSA that are either occupied by the borrower or rented and;
iv.
100% weight shall apply to all other claims on the public and private sector, which are not covered under the other categories and include- deposits in banks, financial institutions, mortgage finance companies and deposit-taking finance companies that are under statutory management; premises and other fixed assets, loans and advances, bills discounted and all other assets of these institutions.
