The Presidents/Chief Executives
Capital Requirements – Implementation of Basel II
refer to BSD Circular No. 8 dated June 27, 2006, wherein
detailed instructions and timeline for the implementation
of Basel II in Pakistan were issued.
2. In order to report the calculation of capital adequacy
of the banks/DFIs based on the parameters provided in the
above referred circular, the formats are being prescribed.
These formats primarily cover Standardized Approaches for
credit & market risk and Basic Indicator and Standardized
approaches for operational risk.
3. All banks/DFIs are advised to submit quarterly statements
on parallel calculation of their capital adequacy ratios,
on consolidated as well as on standalone basis, on the enclosed
formats within 30 days of the end of each calendar quarter.
However, reporting for the quarters ended 31st December
2006 and 31st March 2007 will be made by 30th April 2007
and 31st May 2007 respectively.
4. During the parallel run banks are also advised to continue
to calculate their capital adequacy on the basis of guidelines
issued vide BSD Circular No. 12 dated 25th August 2004 and
submit the results of both the calculations on quarterly