BSP’s new property lending rules credit-positive – Moody’s

Stricter property lending rules imposed by the Bangko Sentral ng Pilipinas (BSP) are bound to make the financial sector more careful about too much exposure to real estate credit risk, which should be credit-positive for the banks, Moody’s Investors Service said.

The global credit ratings agency was referring to the BSP’s new stress test requirements for banks that have real estate exposure.