Escolar Documentos
Profissional Documentos
Cultura Documentos
*
G.R. No. 94566. July 3, 1992.
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*FIRST DIVISION.
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MEDIALDEA, J.:
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Not satised with the decision, respondent bank appealed with the
Court of Appeals. On March 13, 1990, respondent appellate court
rendered judgment modifying the decision of the trial court as
follows:
Hence this petition was led with the petitioner assigning the
following errors committed by respondent appellate court:
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a) P650,000.00Secured Loans
b) P550,000.00Supported Loans
c) P350,000.00Truck Loans/Contracts/Leases
d) P350,000.00Auto Loan Contracts/Leases
e) P350,000.00Appliance Loan Contracts
f) P350,000.00Unsecured Loans
Total loans and/or credits [combination of (a) thru (f) extended to any
one borrower including parents, afliates and/or subsidiaries, should not
exceed P750,000.00. In exercising the limits aforementioned, both direct
and contingent commitments to the borrower(s) should be considered.
All loans must be within the Companys established lending guideline
and policies.
xxx
LEVELS OF APPROVAL
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law or by any court (Orient Air Services & Hotel Representative vs.
Court of Appeals, 197 SCRA 645).
o0o
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