The Philippines’ best banks will distinguish themselves by skillful management of risks in the face of tougher market competition when the economic integration of the Association of Southeast Asian Nations takes effect next year, the central bank said.

Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. said risk management, good governance and consumer protection will enable Philippine banks to make their mark amid the regional integration and as stricter global regulations are implemented.

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