THE minimum liquidity ratio for thrift banks will be maintained, the Bangko Sentral ng Pilipinas (BSP) said, amid calls from the sector for an easing.
THE minimum liquidity ratio for thrift banks will be maintained, the Bangko Sentral ng Pilipinas said, amid calls from the sector for an easing.'The BSP recognizes the thrift banking industry's valuable contribution to the country's economic growth through its lending activities,' the central bank said in a statement on Wednesday.'Nonetheless, the BSP views that maintaining the minimum liquidity ratio of 20.0 percent is appropriate ...
The central bank, however, said that the MLR has consistently remained well above the minimum requirement, asserting that it is unnecessary to lower the ratio further.As of May 2024, the industry had more than P35 billion in extra loanable funds, and most banks report liquidity ratios well above 20 percent.'This demonstrates that the thrift banking industry remains capable of complying with the prudential liquidity requirement while continuing to expand lending,' the BSP said.
Banks' Liquidity Ratio Appropriate BSP
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