BSP sets rules for bank capital relief reporting

BSP sets rules for banks seeking temporary capital relief. REUTERS/Romeo Ranoco/File Photo

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) has issued reporting rules for banks seeking temporary capital relief, requiring them to notify the central bank and submit monthly capital adequacy reports.

Under Memorandum No. M-2026-032, banks seeking the relief must notify their BSP supervising department by email.

READ: BSP extends relief to crisis-hit banks

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