Following the living nightmare that was the catastrophic effects of super typhoon Yolanda, the Philippines now picks itself up towards a long and winding recovery. The country was off to a good start, at least, after it was reported that the economy grew seven percent during the third quarter. Even if the prognosis for the …
The Bangko Sentral ng Pilipinas (BSP) has made available a special regulatory relief package to universal, commercial, thrift, rural, and cooperative banks with head offices and/or branches in areas severely affected by super typhoon Yolanda. The said measure is in addition to the earlier regulatory and rediscounting relief that the BSP extended to banks in …
BSP Extends Additional Special Regulatory Relief to Yolanda-Hit Banks Read More »
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