Legal Position Agreement with Personal Guarantee at Bank Medan Branch

Vincent Leonardo Tantowie, Willy Tanjaya, Herman Brahmana, Elvira Fitriyani Pakpahan

Abstract

In providing credit facilities, all banks always refer to the Loan to Value of the credit value. The value of the collateral provided is in the form of material guarantees, whether installed on a KPR, KPR, Fiduciary basis or Pawn and Cessie. If there is a lack of guarantee value that is relaxed by the internal and external assessment team, the Bank always asks for additional guarantees in the form of personal guarantees (personal guarantees) or company guarantees (company guarantees). This must be watched out for by bankers or legal officers of a finance company where if a company or individual has provided personal guarantees for a debt from a certain debtor, then it must be given strict provisions, that the guarantor must also be accompanied by a material guarantee.

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Paper Citation


in Harvard Style

Tantowie V., Tanjaya W., Brahmana H. and Pakpahan E. (2020). Legal Position Agreement with Personal Guarantee at Bank Medan Branch.In Proceedings of the International Conference on Culture Heritage, Education, Sustainable Tourism, and Innovation Technologies - Volume 1: CESIT, ISBN 978-989-758-501-2, pages 408-416. DOI: 10.5220/0010312804080416


in Bibtex Style

@conference{cesit20,
author={Vincent Leonardo Tantowie and Willy Tanjaya and Herman Brahmana and Elvira Fitriyani Pakpahan},
title={Legal Position Agreement with Personal Guarantee at Bank Medan Branch},
booktitle={Proceedings of the International Conference on Culture Heritage, Education, Sustainable Tourism, and Innovation Technologies - Volume 1: CESIT,},
year={2020},
pages={408-416},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010312804080416},
isbn={978-989-758-501-2},
}


in EndNote Style

TY - CONF

JO - Proceedings of the International Conference on Culture Heritage, Education, Sustainable Tourism, and Innovation Technologies - Volume 1: CESIT,
TI - Legal Position Agreement with Personal Guarantee at Bank Medan Branch
SN - 978-989-758-501-2
AU - Tantowie V.
AU - Tanjaya W.
AU - Brahmana H.
AU - Pakpahan E.
PY - 2020
SP - 408
EP - 416
DO - 10.5220/0010312804080416