Regulatory Alerts2016-03-24
Interpretations of the Adjustment Period for Land Loan Renewal Cases to Comply with Loan-to-Value Ratio
The Central Bank of the Republic of China issued this interpretation on February 15, 2012, to clarify the adjustment period for land loan renewal cases. The directive specifies how borrowers must achieve compliance with the loan-to-value ratio mandated by Subparagraph 2, Paragraph 1, Article 5 of the Regulations Governing the Extension of Housing Loans in Specific Areas and Land Loans by Financial Institutions. This regulatory guidance was subsequently repealed and is no longer in effect.
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