A borrower may be asked to furnish security

that will guarantee repayment of his Loan.

AMTO,ARCHERELLE R.
PERSONAL
BSBA-3A CREDIT

The credit period is considerably short for the

MERCHANTILE need and purpose of the merchant..
CREDIT

Banks cannot expand their loans and

investments indefinitely in order to
BANK CREDIT
accommodate the increasing
requirements of a business boom,
inasmuch as they

CRE
AGRICULTURAL
DIT Increased agricultural production
CREDIT requires positive incentives to farmers
and their positive response to these
incentives.

INVESTMENT Long term duration, its maturity

CREDIT is, by and large, determined by
the life of the

The consequent difficulty in controlling

EXPORT credit risks and, perhaps, most
CREDIT important of all, there must always be
considered the differences in laws,

currency systems and others

PUBLIC CREDIT The amount of bond may be
deemed necessarily and issued in
the Philippines