Central bank chief looks to bring down big banks’ RRR to zero within term
THE PHILIPPINE central bank chief said big lenders’ reserve requirement ratio (RRR) could be brought down to as low as zero before his term ends in 2029. Asked if the RRR could be reduced to zero during his six-year term, Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. said this is “possible.” “We’ve […]
T. Kauer 
THE PHILIPPINE central bank chief said big lenders’ reserve requirement ratio (RRR) could be brought down to as low as zero before his term ends in 2029. Asked if the RRR could be reduced to zero during his six-year term, Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. said this is “possible.” “We’ve […]
