BSP eases regulations on Typhoon ‘Josie’-affected areas

The Bangko Sentral ng Pilipinas (BSP) has moved to allow lenders in areas affected by Typhoon “Josie” to provide debt relief to their borrowers by granting regulatory and rediscounting relief measures to banks and other financial institutions. Typhoon Josie’s devastation in July warrants central bank’s immediate response through the grant of regulatory and rediscounting relief measures to […]

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