Risk-based assessment system pertains to a method for calculating an insured bank's assessment on the probability that the Deposit Insurance Fund (DIF) will incur a loss with respect to the bank, and the likely amount of any such loss, based on its risk rating that takes into consideration the following: (1) Quality and concentration of assets; (2) Categories and concentration of liabilities, both insured and uninsured, contingent and noncontingent; (3) Capital position; (4) Liquidity position; (5) Management and governance; and (6) Other factors relevant to assessing such probability, as may be determined by the Philippine Deposit Insurance Corporation. (Sec. 5(t), R.A. No. 3591, as renumbered and amended by R.A. No. 10846)