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International Monetary Fund

nonperforming assets must be matched by a credit entry in an “interest-suspense” account. Assets are now considered nonperforming when payments are past due by 180 days or more. Provisions against nonperforming assets rise gradually from 5 percent of the outstanding balance after six months to 100 percent after 36 months. The guidelines also specify: a minimum capital adequacy ratio of 6 percent of total assets; new procedures for recognizing and handling overdues; strict conditions for the rescheduling of loans; and revised limits on loan size and concentration. As a