Amendment to Guidelines on Commercial Bank Monthly Reports

Bank Indonesia Circular Letter No. 14/5/DSM (“Circular Letter”) was issued on 27 January 2012. The Circular Letter is the Second Amendment to Bank Indonesia Circular Letter No. 11/2/DSM dated 22 January 2009 on Commercial Bank Monthly Reports, as amended by Bank Indonesia Circular Letter No. 12/7/DSM dated 10 March 2010.

The Circular Letter was issued in order to ensure that provisions issued by Bank Indonesia comply with financial accounting standards in Indonesia. It is a follow-up to Bank Indonesia Regulation (“PBI”) No. 10/4/PBI/2008 on Commercial Bank Monthly Reports, which was most recently amended by PBI No. 12/2/PBI/2010.

The Circular Letter amends the Monthly Report Preparation Guidelines for Commercial Banks (Pedoman Penyusunan Laporan Bulanan Bank Umum - LBU). The revised guidelines are included in the Appendix to the Circular Letter.