The Bangko Sentral ng Pilipinas (BSP) is ready to provide relief to banks with offices and branches in the areas affected by Super Typhoon Yolanda, according to a high-ranking BSP official.
“You can expect immediate deployment of our standard regulatory relief package designed precisely to help cope with calamities,” BSP Deputy Governor Nestor Espe-nilla Jr. said during the Rural Bankers Association of the Philippines’ 56th Charter Anniversary Symposium.
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