BSP vows to cut ‘outmoded’ bank deposit reserves

Published: 1/02/2018
BSP vows to cut ‘outmoded’ bank deposit reserves
Source: BUSINESS.INQUIRER.NET

The Bangko Sentral ng Pilipinas (BSP) yesterday reaffirmed its commitment to sharply reduce the cash buffer that financial institutions are required to keep immobile in their vaults amid rising clamor from bankers for regulators to release more liquidity to feed the growing economy. The post BSP vows to cut ‘outmoded’ bank deposit reserves appeared first on Inquirer Business .

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