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, 2020Universal banks, commercial banks and their subsidiary thrift banks and quasi-banks are required to submit the 'report on intraday liquidity' by end-June 2021, and every month thereafter.
January 7, 2020The BSP has given subsidiary banks and quasi-banks an extra year to meet the 100% LCR and NSFR requirements.
March 12, 2019Smaller banks subject to LCR of 100 percent if they are subsidiaries of larger banks and minimum liquidity ratio of 20 percent if standalone.
February 12, 2018