BSP Cites Measures to Support MSMEs Amid Pandemic

General

Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno says the BSP continues to support micro, small, and medium enterprises (MSMEs) by carrying out policies that encourage lending to the sector amid the pandemic. During a recent Chinese Filipino Business Club meeting, the Governor said the banking system has allocated an average of P195.9 billion loans for MSMEs as alternative compliance with the reserve requirement.

 

Source: Bangko Sentral ng Pilipinas (BSP)

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