Economic activity is seen to get an additional boost from the Bangko Sentral ng Pilipinas’ (BSP) cut of banks' reserve requirement ratio (RRR) to 19 percent effective March 2, 2018, according to the Bankers Association of the Philippines (BAP).
Bankers’ group welcomes cut in reserve requirement ratio
Economic activity is seen to get an additional boost from the Bangko Sentral ng Pilipinas’ (BSP) cut of banks' reserve requirement ratio (RRR) to 19 percent effective March 2, 2018, according to the Bankers Association of the Philippines (BAP).
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