SB 931
Senate·20th Congress·Filed Aug 5, 2025
Enhancing Credit Support to Micro, Small and Medium Enterprises
An Act Enhancing Credit Support to Micro, Small and Medium Enterprises, Amending for the Purpose Section 15 of Republic Act No. 6977, as Amended, Otherwise Known as the 'magna Carta for Micro, Small and Medium Enterprises (Msmes)
In plain language
The proposal would require every bank to allocate at least 10 % of its loan portfolio to micro, small and medium enterprises and would count only actual loans (or approved alternative mechanisms) toward that target.
Business, Trade and IndustryPublic Works and Infrastructure
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Subjects
Magna Carta for Micro, Small and Medium-Scale Enterprises
Official sources
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SBN-931 · Sources: BetterGov Open Congress, BatasWatch