^
+ Follow BASEL ACCORD Tag
BASEL ACCORD
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1334145
                    [Title] => BSP tightens rules on real estate loans
                    [Summary] => 

The Bangko Sentral ng Pilipinas has introduced stricter rules on banks’ real estate exposure to ensure that lenders have enough capital to absorb any potential losses.

[DatePublished] => 2014-06-13 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1438879 [AuthorName] => Kathleen A. Martin [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20140613/BSP-building-1.jpg ) [1] => Array ( [ArticleID] => 850096 [Title] => Tetangco sees more policy reforms [Summary] =>

While the country’s banking system is benefiting from the prudential frameworks adopted following the global financial crisis, the Bangko Sentral ng Pilipinas (BSP) is not letting its guards down.

[DatePublished] => 2012-09-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [2] => Array ( [ArticleID] => 801163 [Title] => Banks' capital adequacy ratio higher than global standards [Summary] =>

The banking system remains stable as most local banks have enough capital to absorb possible losses from financial risks, according to data issued today by the central bank.

[DatePublished] => 2012-04-27 23:00:28 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => [SectionUrl] => [URL] => ) [3] => Array ( [ArticleID] => 780146 [Title] => Banking system's capital above BSP, int'l standards [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) said the local banking industry managed to keep its capital levels significantly above international standards as of the end of the first half of last year amid the sovereign debt crisis in Europe and growth uncertainties in advanced economies led by the US.

[DatePublished] => 2012-02-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 759515 [Title] => Phl banks resilient amid Euro crisis - IMF [Summary] =>

Multilateral lender International Monetary Fund (IMF) said it believes that banks operating in the Philippines would remain resilient amid the sovereign debt crisis that continue to plague European countries.

[DatePublished] => 2011-12-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 728233 [Title] => Commercial bank earnings jump 23.5% in H1 [Summary] =>

Earnings of universal and commercial banks operating in the Philippines jumped 23.5 percent in the first semester of the year despite economic growth concerns in advanced economies led by the US as well as the sovereign debt problems in Europe, data released by the Bangko Sentral ng Pilipinas (BSP) over the weekend showed.

[DatePublished] => 2011-09-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 727577 [Title] => Bank deposits climb 8.4% to P5T in H1 [Summary] =>

State-run Philippine Deposit Insurance Corp. (PDIC) reported yesterday that total peso and foreign currency-denominated deposits in banks climbed 8.4 percent to breach the P5-trillion level in the first semester of the year, as more Filipinos continued to save in the formal banking sector despite the closure of several problematic rural and thrift banks.

[DatePublished] => 2011-09-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 721454 [Title] => Bank assets up to P7.073T [Summary] =>

The local banking industry reported a 7.1 percent growth in assets in the first five months of the year as more and more Filipinos save more due to their strong confidence in the financial system, Bangko Sentral ng Pilipinas (BSP) reported yesterday.

[DatePublished] => 2011-08-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 716426 [Title] => Bank deposits rise 8.5% as of end-April [Summary] =>

More and more Filipinos are saving in the formal banking sector as total bank deposits expanded 8.5 percent as of end-April this year, the Bangko Sentral ng Pilipinas (BSP) reported over the weekend.

[DatePublished] => 2011-08-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 715394 [Title] => BSP, banks to curb forex volatility [Summary] =>

Banks operating in the country are closely coordinating with the Bangko Sentral ng Pilipinas (BSP) to curb volatility in the peso-dollar exchange rate amid the strong inflow of foreign capital into emerging market economies, including the Philippines, through the imposition of stricter rules on hedging instruments.

[DatePublished] => 2011-08-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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