All posts tagged "Bureau of Treasury"
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715Asia-PacificBSP Offers Banks Mark-to-Market Relief, Cuts Liquidity Requirements
The accounting relief allows banks to effectively reverse unrealised losses resulting from a change in fair value. The MLR cut frees up almost $200mn for smaller lenders.
April 9, 2020 -
698Asia-Pacific
BSP Announces RRR Cut, Lenders Asked to Grant Debt Relief
The 200 basis point cut will release up to 200bn pesos in bank liquidity. Lenders are encouraged to continue lending and to offer debt relief to borrowers.
March 25, 2020
