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BSP rules on big banks get tighter

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BSP Governor Amando M. Tetangco Jr.: Major initiative. INQUIRER FILE PHOTO

The central bank has announced a third major regulation change in two days, this time ordering banks deemed “too big to fail” to set aside more substantial capital buffers for potential losses.

Posted: October 22nd, 2014 in Editor's Pick,Headlines | Read More »

PH banks seen to emerge among Asia’s strongest

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The Central bank’s decision to fully implement the stricter Basel III capitalization rules last January would enable the country’s banks to leap ahead of their regional counterparts in terms of strength.

Posted: April 4th, 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 »

US not ready for Basel III bank rules—Treasury

US Treasury Secretary Tim Geithner  AFP PHOTO/JEWEL SAMAD

WASHINGTON—The US Treasury announced Friday that it would not implement the Basel III rules for strengthening banks on January 1, saying the banks were not yet ready to meet the tougher capital standards.   “Many industry participants have expressed concern that they may be subject to a final regulatory capital rule on January 1, 2013, […]

Posted: November 10th, 2012 in Latest Business Stories | Read More »

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