BSP GOVERNOR IS OPTIMISTIC ABOUT THE BANKING SYSTEM

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Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla (right) remains confident that the banking system is sound, stable, and capable of supporting economic growth. During the recent “The Asset 17th Philippine Summit” in Taguig City, the Governor also encouraged banks to continue building up capital as this strengthens their capacity to absorb risks, remain resilient, and ensure the safety of their customers’ deposits. With Governor Medalla in the photo is “The Asset” Editor-in-Chief Daniel Yu.

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