Limit on Real Estate Loans of Banks

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Title Supreme Court: Limit on Real Estate Loans of Banks

Law: Bsp Circular No. 600, S. Of 2008

Decision Date: Feb 4, 2008

BSP Circular No. 600, issued on February 4, 2008, amends regulations to limit real estate loans of universal and commercial banks to a maximum of 20% of their total loan portfolio, while excluding certain housing loans and loans guaranteed by the Home Guaranty Corporation.

real estate

loans

universal banks

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