Tetangco on the BSP and the banking community

In the speech 'The BSP and the banking community: A partnership for a better year in 2007' given on 16 January Amando Tetangco of the Central Bank of Philippines said in the banking sector, we expect further expansion of bank resources, improvement in banks asset quality through NPL disposal, and improved capitalization.

"We should also see a stronger banking system resulting from more mergers and acquisitions. This should make banks better financial intermediaries and risks managers.

"The BSP

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