Last Revised Date: 11 June 2021
Notice 1012 Credit Facilities to a Single Borrower or Group of Borrowers
Requirements for merchant banks incorporated in Singapore to limit their exposures to a single borrower or group of borrowers.
This Notice applies to all locally-incorporated merchant banks. It sets out the limits for a locally-incorporated merchant bank’s credit facilities to a single borrower or group of borrowers, and the conditions that must be met for the limit to be increased.