Philippines' Tetangco on risk management

In the speech 'Central Bank of the Philippines' initiatives to strengthen risk management practices in banks' given on 6 December Amando M Tetangco, Jr of the Central Bank of the Philippines said BSP initiatives are geared towards simultaneously promoting sound risk management practices in banks, and strengthening the risk-based capital adequacy framework.

"This is because both robust risk management and strong capital positions are critical in ensuring that individual banks operate in a safe and

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