2 weeks BSP open to lowering thrift banks’ liquidity ratio MB |Biz
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said they will consider the possibility of further relaxing and reducing the minimum liquidity ratio (MLR) of thrift banks from the current 16 percent. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno ( Bloomberg ) “We will reassess this level based on prevailing market conditions as well as capacity of thrift banks to effectively manage the liquidity risk exposures,” said Diokno during the Chamber of Thrift Banks’ (CTB) Tuesday webinar convention.  Diokno has assured thrift bank players that as chairman of the Monetary Board, they will “revisit the ... more