Tag: reserve requirement ratio
Fresh RRR cut to boost lending, economy
THE SURPRISE reserve requirement ratio (RRR) cut announced on Thursday by the central bank will free up more funds for loans, which can help boost the economy, according to Bankers Association of the Philippines (BAP) and Bank of the Philippine Islands (BPI) President Cezar P. Consing.
BSP further trims banks’ reserve requirement
The central bank announced another 1% cut in bank reserves on Thursday, May 24, marking the second adjustment this year as the regulator aims...
BSP paves way for start of repurchase mart
THE BANGKO SENTRAL ng Pilipinas’ (BSP) Monetary Board has approved a zero-percent reserve requirement on repurchase (repo) transactions ahead of the start of organized...
Current conditions ‘not yet ripe’ for cut in reserve requirements
By Melissa Luz T. Lopez,
Senior Reporter
CURRENT LIQUIDITY conditions do not make the case for reducing the reserve requirement ratio (RRR) anytime soon, a senior...
IMF backs BSP plan to cut bank reserve requirement
By Melissa Luz T. Lopez, Senior Reporter
TIGHTER liquidity conditions would likely be an opportune time for the Bangko Sentral ng Pilipinas (BSP) to trim...
BSP seen trimming RRR before policy rate tweaks
By Melissa Luz T. Lopez,
Senior Reporter
THE Bangko Sentral ng Pilipinas (BSP) will likely tweak reserve requirements imposed on banks before adjusting policy rates, an...
BSP seen biding time on reserve ratio cut
ANY ADJUSTMENTS to the reserve requirement ratio (RRR) imposed on big banks may be considered next year at the earliest, economists said, as liquidity...
