Philippines central bank braces for impact of rating upgrades

philippines-cb

The Central Bank of the Philippines has said it is ready to respond to emerging vulnerabilities in the banking sector, as it predicts further expansions resulting from recent upgrades of the country's sovereign debt by rating agencies.

In a statement following the release of its latest report on the Philippine financial system, the central bank said the financial sector had continued to deliver a "remarkable performance" in 2012, with sustained profitability and higher levels of capital.

"The st

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: