BSP may cut RRR this year — Metrobank
THE BANGKO SENTRAL ng Pilipinas (BSP) could reduce local banks’ reserve requirement ratio (RRR) to as low as 7% this year, Metropolitan Bank & Trust Co. (Metrobank) said. “While we expect the central bank to continue cutting rates in the coming months, we believe BSP Governor Eli M. Remolona, Jr. is also planning to reduce […]
Tomas Kauer 
THE BANGKO SENTRAL ng Pilipinas (BSP) could reduce local banks’ reserve requirement ratio (RRR) to as low as 7% this year, Metropolitan Bank & Trust Co. (Metrobank) said. “While we expect the central bank to continue cutting rates in the coming months, we believe BSP Governor Eli M. Remolona, Jr. is also planning to reduce […]
