CM-3.4.3

Past version: Effective from 01 Oct 2007 to 31 Dec 2010
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It is emphasized that this Section and the Sovereign Credit Provisioning Matrix (see Appendix CM-1) are merely a general framework for assessing degrees of provisions. They should not be regarded as an exhaustive or definitive framework. Nevertheless, the Central Bank does intend to include the results of banks' calculations in its discussions with them, and to establish that adequate provisions are being made.

October 07