Philippine Central Bank Offers Banks Relief on Paper Losses, Raises Moral Hazard Concerns

The Bangko Sentral ng Pilipinas (BSP) has granted temporary relief to banks regarding paper losses, a move that a former deputy governor warns could introduce moral hazard.

26 Jun, 10:48 — 26 Jun, 10:48

Post Share

Sources

Showing 1 of 1 sources

RapplerMostly Factual61d ago

Bangko Sentral gives banks relief on paper losses. But does this just push risk out of sight?

Former BSP deputy governor Diwa Guinigundo warns that the temporary relief may introduce moral hazard, or the concern that banks could take on more risks if they expect regulators to cushion them from future market shocks

By Lance Spencer Yu

Read full article →

PERSPECTA

PERSPECTA

Philippine Central Bank Offers Banks Relief on Paper Losses, Raises Moral Hazard Concerns

Sources

Bangko Sentral gives banks relief on paper losses. But does this just push risk out of sight?

Related Stories

Meta Agrees to $17 Billion Settlement Over Teen Social Media Addiction Claims

Vanguard Agrees to Acquire Wealth Platform Altruist for $4 Billion

National Bank of Canada Reports Strong Quarterly Earnings and Dividends

U.S. Futures Dip Ahead of Nvidia Earnings and Inflation Data

PERSPECTA