Moody’s sees PH, Asean banks Basel III compliant

Banks in the Philippines and other countries in the Association of Southeast Asian Nations (Asean) region are well placed to comply with stricter capital and liquidity requirements under Basel III, Moody’s Investors Service said in an analysis.

The Philippines is even considered an exception to the capital conservation buffer (CCB) requirement given that such measure is already fully implemented in the country, Moody’s said.