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BSP: Banks well insulated from external shocks

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Universal and commercial banks in the country are well insulated from external shocks and domestic risks as their capitalization levels remain above the regulatory requirement.

Posted: February 27th, 2014 in Headlines | Read More »

BSP tightens bank capitalization requirements

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The Bangko Sentral ng Pilipinas has issued stricter capitalization guidelines that banks must comply with starting January 2014 to meet Basel III standards.

Posted: December 27th, 2012 in Headlines | Read More »

Banks raised capitalization cover in Q1, BSP reports

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The banking sector improved its capitalization cover in the first quarter, indicating that banks are healthy despite the financial crisis in some advanced economies and can support the growth of the local economy. The banks’ capital adequacy ratio (CAR) averaged at 16.48 percent in the first quarter, from 14.9 percent in the same period last [...]

Posted: October 21st, 2011 in Headlines | Read More »

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