(a) the direct liability of the maker or acceptor of paper

discounted with or sold to such bank and the liability of a

general endorser, drawer or guarantor who obtains a loan
or other credit accommodation from or discounts paper
INCLUSION TO with or sells papers to such bank.

SINGLE (b) in the case of an individual who owns or controls a

BORROWER’S
majority interest in a corporation, partnership, association
or any other entity, the liabilities of said entities to such
bank.
LIMIT
(c) in the case of a corporation, all liabilities to such bank of
all subsidiaries in which such corporation owns or controls
Sec. X303(c) Manual of Regulations for a majority interest.
Banks

(d) in the case of a partnership, association or other entity,

the liabilities of the members thereof to such bank.
 (a) loans and other credit accommodations secured by obligations
of the Bangko Sentral or of the Philippine Government

EXCLUSION FROM (b) loans and other credit accommodations fully guaranteed by the
government as to the payment of principal and interest

SINGLE (c) loans and other credit accommodations secured by U.S. treasury
notes and other securities issued by central governments and

BORROWER’S
central banks of foreign countries with the highest credit quality
given by any two internationally accepted rating agencies

LIMIT (d) loans and other credit accommodations to the extent covered by
the hold-out on or assignment of, deposits maintained in the
lending bank and held in the Philippines
Sec. X303(e) Manual of Regulations for
Banks (e) loans, credit accommodations and acceptances under letters of
credit to the extent covered by margin deposits

(f) other loans or credit accommodations which the Monetary Board

may from time to time specify as non-risk  items

DOSRI Accounts
Directors, Officers, Stockholders and
Their Related Interests
General Banking Law
SECTION 36. Restriction on Bank Exposure to Directors,
Officers, Stockholders and Their Related Interests
No director or officer of any bank shall, directly or
indirectly, for himself or as the representative or agent of
others, borrow from such bank nor shall he become a
guarantor, indorser or surety for loans from such bank to
others, or in any manner be an obligor or incur any
contractual liability to the bank except with the written
approval of the majority of all the directors of the bank,
excluding the director concerned
 (a) The borrower is a director, officer or any stockholder of a
bank;

(b) He contracts a loan or any form of financial

accommodation

REQUISITES (c) The loan or financial accommodation is from his bank or a

bank that is a subsidiary of a bank holding company of which
both his bank and the lending bank are subsidiaries, or a bank
in which a controlling proportion of the shares is owned by the
BSP CIRCULAR NO. 170 same interest that owns a controlling proportion of the shares
of his bank

(d) The loan or financial accommodation of the director,

officer or stockholder, singly or with that of his related
interest, is in excess of 5% of the capital and surplus of the
lending bank or in the maximum amount permitted by law,
whichever is lower