Filipino governor reveals domestic liquidity problem


The governor of the Central Bank of the Philippines, Amando Tetangco, on September 6 discussed the resilience of Filipino liquidity during the financial crisis, and the problem it poses now.

Speaking at the Philippine International Banking Conference in Makati City, Tetangco outlined how deposit balances in the Philippines increased annually by 13.40% between 2007 and 2011, while loans grew by 10.62% each year during the same period.

This has left the country with an unusual challenge according

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