Debt watcher Fitch Ratings said major universal and commercial banks in the Philippines should be well positioned to meet the central bank’s newly adopted Basel liquidity rules.
“Ample domestic system liquidity, and banks’ balance sheets being mostly funded by deposits are positive structural factors that will help banks comply with upcoming Liquidity Coverage Ratio (LCR) requirements,” Fitch said in a statement released on Friday.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
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
If you have an active account, log in
here
.