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Review and Classification of Loans

Effective from 2020-11-09 - Nov 08 2020
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35.Every DTFC shall review, classify and appropriately make provisions for its loan portfolio at least once every three months.
 
36.Every DTFC shall classify loans and advances in the manner set out in Appendix C to these Regulations.
 
37.Where a DTFC has granted multiple loans to a single borrower, and any one of such loans is nonperforming, the DTFC shall evaluate every other loan to that borrower and place such loans on non-performing status accordingly.