Regulatory Alerts2026-01-05
Circular No. 1227: Extension of Regulatory Incentive Period for Financing for Eligible Green or Sustainable Projects and Activities
Bangko Sentral ng Pilipinas issued Circular No. 1227 to extend regulatory incentives for financing eligible green or sustainable projects for two years starting January 6, 2026. The directive amends the Manual of Regulations for Banks to allow an additional 15% Single Borrower's Limit for qualifying sustainable loans and imposes a 0% reserve requirement rate on sustainable bonds. These measures aim to support the National Government's climate commitments and sustainable development goals by encouraging banks to finance projects aligned with the ASEAN and Philippine Sustainable Finance Taxonomies.
Share