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Date: Nov. 8, 2023, 3:49 p.m.

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Date: 2023-11-08 16:08:09.000000

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Date: 2023-11-09 11:58:21.000000

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WHAT IS THE MAXIMUM LOAN INTEREST THAT LOAN APPLICATION CAN GIVE

Published by Securities and Exchange Commission(SEC) on Nov. 8, 2023.
Requested from SEC by S. Mandocdoc at 03:49 PM on Nov. 8, 2023.
Purpose: PERSONAL KNOWLEDGE
Date of Coverage: 10/25/2023 - 11/08/2023
Tracking no: #SEC-466369167902

S.MANDOCDOC Nov. 8, 2023, 3:49 p.m.

HI I WOULD LIKE TO ASK IF HOW MUCH IS THE INTEREST THAT LOAN APPLICATION CAN GIVE? IS THERE ANY PUNISHMENT IF THE LOAN INSTITUTE INTEREST IS NOT ACCEPTABLE

I.GONZALES Nov. 8, 2023, 4:08 p.m.

November 9, 2023 Dear SHIELA MAE, Thank you for your request dated Nov 08, 2023 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for WHAT IS THE MAXIMUM LOAN INTEREST THAT LOAN APPLICATION CAN GIVE. We received your request on Nov 08, 2023 and will respond on or before Nov 29, 2023 03:49:21 PM, in accordance with the Executive Order's implementing rules and regulations. Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at http://www.foi.gov.ph/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEFNFQy00NjYzNjkxNjc5MDIM, for request with ticket number #SEC-466369167902. Thank you. Respectfully, Isma Gonzales FOI Officer

A.QUIMIO Nov. 9, 2023, 11:58 a.m.

November 9, 2023 Dear SHIELA MAE MANDOCDOC, Greetings! Thank you for your request dated Nov 08, 2023 03:49:21 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch. Your Request You asked for WHAT IS THE MAXIMUM LOAN INTEREST THAT LOAN APPLICATION CAN GIVE. Response to Request The Bangko Sentral ng Pilipinas issued BSP Circular No. 1133 Series of 2021 on the ceilings on interest rates. In relation to this, SEC issued SEC MC No. 3 Series of 2022 or you can also search this link for your reference: https://www.sec.gov.ph/notices/frequently-asked-questions-faqs-on-sec-memorandum-circular-no-3-series-of-2022-implementing-bsp-circular-no-1133-series-of-2021/#gsc.tab=0 If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by writing to the Commission Secretary at [email protected]. Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request. Thank you. Sincerely yours, Atty. Kenneth Joy A. Quimio Asst. Director Financing and Lending Division SEC

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