BSP gives all types of banks in PH until June 2024 to submit their recovery plans
To restore the profitability of banks and guarantee business continuity, the Bangko Sentral ng Pilipinas (BSP) has recently advised mid-sized banks to create and submit their recovery frameworks against high-stress scenarios. Facade shot of the BSP building in Manila (IMAGE CREDIT: www.bsp.gov.ph) Speaking during the 2023 annual convention of the Chamber of Thrift Banks (CTB), […]