The inter-agency Financial Stability Coordination Council (FSCC) reassured that Philippine banks maintain robust capitalization and ample liquidity buffers, navigating through global and local challenges. The BSP said in a statement released on Monday, July 7, that during the FSCC’s meeting for...
The Financial Stability Coordination Council (FSCC) sees substantial refinancing of maturing corporate bonds and loans this year as it weighs the impact of 'fresh uncertainties' overseas on the domestic economy. FSCC is an inter-agency council where the principals from the Bangko Sentral ng...
The Financial Stability Coordination Council (FSCC), which is led by the Bangko Sentral ng Pilipinas (BSP), is placing the strengthening the Philippine corporate bond market high on its list of priorities for 2024. The FSCC includes the Department of Finance, the Insurance Commission, the...
Bangko Sentral ng Pilipinas (BSP)-led Financial Stability Coordination Council (FSCC), which has just identified the country’s servicing of debts and credit-related risks as red flags to potential systemic issues, is strongly pursuing the signing of a proposed executive order (EO) to empower the...
The inter-agency Financial Stability Coordination Council (FSCC) could do more defensive strategy to support its monitoring of systemic risks and policy interventions to preempt any more COVID-19 shocks in the financial system. “We see the surveillance or monitoring as a very important core...
The Bangko Sentral ng Pilipinas (BSP)-led Financial Stability Coordination Council (FSCC) has shifted the way they assess, review and forecast systemic risks because the global COVID-19 pandemic has changed consumer preferences and market risk behaviors, and using “older norms” and...
