Amendment to Bank Single Borrower Limits

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BSP CIRCULAR NO. 700, S. 2010: Amendment to Bank Single Borrower Limits

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Title Source: Supreme Court: Amendment to Bank Single Borrower Limits

Law: Bsp Circular No. 700, S. 2010

Decision Date: Dec 6, 2010

BSP Circular No. 700, S. 2010 amends regulations to allow banks and quasi-banks to increase their credit exposure limits to a single borrower by up to 25% of their net worth for infrastructure and development projects under the Public-Private Partnership Program, subject to specific conditions and a three-year limit.

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