Philippine Senator, Central Bank Urge Loan Relief Amid Crisis

A Philippine senator has urged banks to offer loan relief and fee suspensions, while the Bangko Sentral ng Pilipinas (BSP) has also offered loan relief measures. These actions are being taken to assist citizens amid an ongoing energy crisis.

16 Apr, 11:50 — 16 Apr, 11:50

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inquirerMostly Factual136d ago

Senator urges banks to offer loan relief, fee suspensions

MANILA, Philippines – Banks and e-wallets were urged by a senator on Thursday to offer loan relief, and temporary fee suspensions amid the ongoing energy crisis. This came after the Bangko Sentral ng Pilipinas (BSP) approved on Thursday a measure that allows loan payment deferments, and pushes for the waiver of online fund transfer fees

By mareyes

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Philippine Senator, Central Bank Urge Loan Relief Amid Crisis

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Senator urges banks to offer loan relief, fee suspensions

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