Circular No. 680 (on provision of micro-agri loans)

Philippines

(enacted in 2010)

Circular No. 680 of 2010, issued by Bangko Sentral ng Pilipinas (BSP),  provides rules and regulations for the provision of micro-agri loans by banks in the Philippines. 

The circular covers the following topics:

  • Minimum criteria to determine banks’ capacity to offer micro-agri loans,
  • Basic product characteristics,
  • Appropriate risk management, and
  • Regulatory treatment.