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BSP eases bank credit risk transfer deal rules
THE BANGKO SENTRAL ng Pilipinas (BSP) is now allowing guarantees issued between a bank’s head office and its branches or between branches located in different jurisdictions to be used for credit risk transfer arrangements. BSP Circular No. 1233 Series of 2026 signed by BSP Governor Eli M. Remolona, Jr. on May 18 said banks can […]
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Source: bworldonline.com
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