Local banks have been able to maintain healthy levels of liquidity over the first two months of the year, with official data showing a plunge in the amount of borrowing from a special window provided by the Bangko Sentral ng Pilipinas.
Latest data from the BSP showed a 96.5 percent fall in the total amount of peso rediscount facility (PRF) availed of by thrift and rural banks to P282 million in January and February.
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