BSP Rules on Loans Secured by Properties

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BSP CIRCULAR NO. 335, JUNE 17, 2002: BSP Rules on Loans Secured by Properties

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Title Supreme Court: BSP Rules on Loans Secured by Properties

Law: Bsp Circular No. 335, June 17, 2002

Decision Date: Jun 17, 2002

The Monetary Board's June 17, 2002 resolution establishes new regulations for loans secured by chattels and intangible properties, limiting loan amounts to 75% of appraised value and outlining specific criteria for personal property collateral.

loans

chattels

personal properties

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