The Central Bank of Myanmar (CBM) Letter introduced a list of elements that Myanmar banks need to review in evaluating foreign loans including: Size of loan/tenure/loan contract, Whether interest rate is market based, Whether business plan of the resident borrower is appropriate, Type of collateral and whether it is capable of being performed in accordance with the law, Whether the repayment schedule is appropriate.
Central Bank of Myanmar (CBM) list of elements in evaluating foreign loans
April 3, 2015 by