Moody’s flags PH bank capital relief as ‘credit negative’

MANILA, Philippines – The move of the Bangko Sentral ng Pilipinas (BSP) to let banks exclude government securities-related losses from capital calculations is “credit negative,” Moody’s Ratings said, as the measure could mask some of the pressure that rising interest rates and inflation have placed on lenders’ balance sheets. In a note dated June 24, […]... Keep on reading: Moody’s flags PH bank capital relief as ‘credit negative’