PHL must further deepen capital markets- THE PHILIPPINES needs to further deepen its capital markets as relying heavily on banks as the economy’s means of financial intermediation is not sustainable, the Bangko Sentral ng Pilipinas (BSP) chief said. “Our heavy reliance on bank financing works — until it doesn’t,” BSP Governor Eli M. Remolona, Jr. said during his presentation at the […]
Source: bworldonline.com
PHL must further deepen capital markets- THE PHILIPPINES needs to further deepen its capital markets as relying heavily on banks as the economy’s means of financial intermediation is not sustainable, the Bangko Sentral ng Pilipinas (BSP) chief said. “Our heavy reliance on bank financing works — until it doesn’t,” BSP Governor Eli M. Remolona, Jr. said during his presentation at the […]
Source: bworldonline.com
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