Public policy

Government lowers minimum bank portfolio for productive loans

Through Supreme Decree 4164 of February 27, 2020, the Government decided to lower the minimum portfolio levels that multiple banks must maintain for productive and social interest housing loans, from 60% to 50% of their loans and ordered SME banks to lower to 40% the minimum portfolio for loans to small, medium and micro-enterprises.

Source: Página Siete

Categories:Public policy