Rural banks have mixed opinions on whether the capital adequacy ratio (CAR) of 10 percent imposed by the Bangko Sentral ng Pilipinas is too punitive or just good enough to provide a safety net for rural banks and their clients. As the measure of a bank’s financial strength expressed by the ratio of its capital …
Dear RBAP Members, For your guidance, below is Bangko Sentral ng Pilipinas (BSP) Circular No. 802: Amendment of Section X156 of the Manual of Regulations for Banks (MORB) on the Submission to the Bangko Sentral ng Pilipinas (BSP) of the Notice of Intended Closure of Banks and/or Their Branches or Other Offices Due to Local …
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