THE central bank has relaxed the rules on liquidity metrics ahead of the framework on Liquidity Coverage Ratio (LCR) that commercial universal banks must adopt and adhere to starting next year.
“The performance of U/KBs with respect to the LCR has been under a monitoring period since the MB approved its introduction in March 2016,” the Bangko Sentral ng Pilipinas (BSP) said in a statement announcing that the Monetary Board (MB) has liberalized other liquidity metrics applicable to universal and commercial banks (U/KBs).
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