Bank reserves ratio going down by 200 bp

Inquirer

Lean Left

Factuality

Ownership

Bank reserves ratio going down by 200 bp

The Bangko Sentral ng Pilipinas (BSP) on Friday announced another supersized cut to the reserve requirements of banks, a move that would inject P300 billion additional loanable funds into the domestic economy while interest rates slowly decline. Starting March 28, the reserve requirement ratio (RRR) for big banks will be reduced by 200 basis points […]...Keep on reading: Bank reserves ratio going down by 200 bp