The Philippine banking industry continued to have high standards when it comes to credit, according to Bangko Sentral ng Pilipinas (BSP).

“I am pleased to share therefore that even with the high level of liquidity in the banking system and our own push toward a more inclusive banking industry, our banks, in general, adhere to high standards of credit discipline,” BSP Governor Amando Tetangco Jr. said in a speech before the delegates of the recently held Asian Banker 3rd Annual International Banking Conference.

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