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Market Infrastructure
Philippines Shuts 1st Rural Bank in 2017
By Samuel Riding | 16/01/2017
There are still 471 rural lenders left as BSP efforts to rationalise sector continue.
Capital / Liquidity
Philippine Banks Miss Agriculture Loan Target
By Samuel Riding | 04/01/2017
Loan allocation of 13.92% to the sector falls well short of 25% required.
Capital / Liquidity
Philippines Defers Full Adoption of Basel 3 Leverage Ratio
By Samuel Riding | 03/01/2017
Central bank says delayed implementation will allow banks to calibrate exposures.
Capital / Liquidity
Philippines to Offer Temporary Relief from Capital Requirements
By Samuel Riding | 23/12/2016
Central bank proposes regulatory incentives to encourage consolidation in banking sector.
Philippines – 2016 in Review
By Samuel Riding | 22/12/2016
Throughout the year, regulators made continuous efforts to enhance and internationalise the domestic market.
Uncategorised
Greater Mekong Region – 2016 in Review
By Samuel Riding | 19/12/2016
Small markets working together to create a big difference through banking integration, fintech innovation.
AML / KYC
BSP Issues New Pawnshop Rules
By Samuel Riding | 16/12/2016
New regulations aim to enhance financial inclusion, consumer protection.
Market Infrastructure
Philippines Eases FX Rules to Support 100% Foreign Ownership of Banks
By Samuel Riding | 15/12/2016
Central bank has been amending rules related to foreign banking in bid to attract more depositors.
Market Infrastructure
Philippines Eases Bank Branch Opening Rules
By Samuel Riding | 12/12/2016
Lenders will now be able to set up branches in previously restricted areas.
AML / KYC
Philippine Central Bank Pushes Reform of 23-Year-Old Charter
By Samuel Riding | 07/12/2016
Reform would see BSP receive more financial support to enhance regulatory and supervisory powers.
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