2024-03-04 | CBE4.1.8

CBE Regulation Book 4.1.8

The text outlines regulations for granting credit, specifically for real estate financing. It mentions allowing specialized banks and mortgage finance companies to provide financing for real estate projects, with certain conditions and controls in place. These include a maximum loan-to-value ratio of 10% and a requirement for the borrower to contribute a minimum of 10% of the property value.

Tags
credit
deposits
disclosure