BSP to tighten rules on tier 1 notes redemption
MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) wants to tighten the conditions under which banks may repay certain capital-qualifying debt instruments ahead of schedule, aiming to prevent the erosion of balance sheet or masking of signs of financial strain. The central bank is seeking industry feedback on a draft circular that would revise […]...Keep on reading: BSP to tighten rules on tier 1 notes redemption
