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+ Follow INTERNATIONAL MONETARY FUND AND ASIAN DEVELOPMENT BANK Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 131534 [Title] => BSP nixes bid to hike banks SBLs [Summary] => The Bangko Sentral ng Pilipinas (BSP) has rejected calls by banks to raise the single borrowers limit (SBL) from 25 percent to 35-45 percent of the lending banks unimpaired capital.
"We cant, thats negative. From a prudential standpoint, that is difficult to consider," said BSP Deputy Governor Alberto Reyes.
Reyes said the BSP cannot agree to the proposal to raise the SBL, but added that while current banking laws peg the SBL to 25 percent, the Monetary Board, the policy-making body of the central bank has the discretion to raise this. [DatePublished] => 2001-08-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
INTERNATIONAL MONETARY FUND AND ASIAN DEVELOPMENT BANK
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 131534 [Title] => BSP nixes bid to hike banks SBLs [Summary] => The Bangko Sentral ng Pilipinas (BSP) has rejected calls by banks to raise the single borrowers limit (SBL) from 25 percent to 35-45 percent of the lending banks unimpaired capital.
"We cant, thats negative. From a prudential standpoint, that is difficult to consider," said BSP Deputy Governor Alberto Reyes.
Reyes said the BSP cannot agree to the proposal to raise the SBL, but added that while current banking laws peg the SBL to 25 percent, the Monetary Board, the policy-making body of the central bank has the discretion to raise this. [DatePublished] => 2001-08-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
August 27, 2001 - 12:00am
Recommended
A businessman, tagged as a suspect in the shooting of three people in Calapan City, including the assistant Land Transportation Office district chief, surrendered to the National Bureau of Investigation in Oriental Mindoro yesterday.
8 hours ago
Sen. Sherwin Gatchalian yesterday belied reports that he was involved in the illegal entry of a Cadillac Escalade at the Edsa bus lane on Sunday night.
1 day ago
A heated argument over a routine Land Transport Office checkpoint inspection led to the shooting of the LTO assistant district chief in Calapan, Oriental Mindoro and two businessmen, one of whom succumbed to a gunshot wound.
1 day ago
Describing himself as a law-abiding public servant, Sen. Sherwin Gatchalian broke his silence yesterday about the involvement of his family in the Cadillac vehicle with a Senate protocol plate that illegally entered the EDSA busway.
2 days ago
The luxury vehicle bearing the Senate protocol plate “7” that was flagged down along the EDSA bus lane is a vehicle registered with the Gatchalians, according to the Land Transportation Office.
3 days ago
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