Results tagged “Basel-III norms”

Conservative policy. Consistent progress.

According to recent reports, the Philippines' banking sector will start implementing Basel III capital standards in 2014, notwithstanding the 2019 deadline. The country's banking sector was also among the few to emerge unscathed from the global meltdown of 2008. Some of the credit for both these mileposts is due to the tradition of conservative banking policy adopted by the Bangko Sentral ng Pilipinas (BSP), the country's Central Bank. 

Conservative policy. Consistent progress.

According to recent reports, the Philippines' banking sector will start implementing Basel III capital standards in 2014, notwithstanding the 2019 deadline. The country's banking sector was also among the few to emerge unscathed from the global meltdown of 2008. Some of the credit for both these mileposts is due to the tradition of conservative banking policy adopted by the Bangko Sentral ng Pilipinas (BSP), the country's Central Bank. 

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