THE central bank said its Monetary Board has allowed the 25 percent single borrowers’ limit (SBL), specifically available to banks and quasi-banks (QBs) as a temporary regulatory relief to jump-start financing for public-private partnership (PPP) projects, to expire today, December 28.
In a statement on Tuesday, the Bangko Sentral ng Pilipinas (BSP) said the regulatory relief, which was originally provided in 2010 for three years, has been extended for another three years.
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