BSP capital relief measure for banks’ paper losses credit negative — Moody’s

MOODY’S RATINGS said the Bangko Sentral ng Pilipinas’ (BSP) latest regulatory relief measure is credit negative for banks as it could mask the capital impact of paper losses incurred from the market volatility caused by the Middle East war. BSP Memorandum No. 2026-027 signed by BSP Governor Eli M. Remolona, Jr. on June 19 allows […]