No need to reduce thrift banks’ MLR, BSP says

THE BANGKO SENTRAL ng Pilipinas (BSP) will not cut the minimum liquidity ratio (MLR) of thrift banks despite calls for its reduction from the sector. “The BSP recognizes the thrift banking industry’s valuable contribution to the country’s economic growth through its lending activities. Nonetheless, the BSP views that maintaining the minimum liquidity ratio of 20% […]

No need to reduce thrift banks’ MLR, BSP says
THE BANGKO SENTRAL ng Pilipinas (BSP) will not cut the minimum liquidity ratio (MLR) of thrift banks despite calls for its reduction from the sector. “The BSP recognizes the thrift banking industry’s valuable contribution to the country’s economic growth through its lending activities. Nonetheless, the BSP views that maintaining the minimum liquidity ratio of 20% […]