Last Revised Date: 29 June 2021

Notice 612A Credit Files, Grading and Provisioning - COVID-19

Requirements for banks on maintaining credit files, grading credit facilities and determining credit loss allowance.
This notice applies to all banks in Singapore. It sets out the credit grading treatment, for credit facilities granted support measures by banks in response to the on-going novel coronavirus (“COVID-19”) outbreak, for the period beginning on 1 January 2021 and ending on 31 December 2021 (both dates inclusive).

Amendment Notes

16 Mar 2021
MAS Notice 612A dated 15 March 2021 takes effect.