Banks will have to report even more details about their property financing activities under new rules approved by the Bangko Sentral ng Pilipinas’ (BSP) policy-making Monetary Board.

These “enhancements to prudential reporting requirements,” the BSP said on Friday, would strengthen its oversight over banks with the aim of maintaining financial sector stability.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details