BusinessWorld E-paper
May 29, 2023
THE BANGKO SENTRAL ng Pilipinas (BSP) will extend the alternative reserve compliance for small banks to ensure there will be no adverse impact after the relief measure expires on June 30.
BSP Governor Felipe M. Medalla said the relief measure is no longer necessary since the economy has clearly recovered from the pandemic, but the central bank will make some considerations for small lenders.
