Philippine National Bank has announced that its board of directors has approved the appointment of Edgar Cua as chairman and Florido Casuela as president following the bank’s annual stockholders’ meeting held on April 25.
Outsider appointed as 4th BSP deputy governor mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.
Published February 22, 2021, 6:00 AM
The Bangko Sentral ng Pilipinas (BSP) has started its comprehensive review and assessment of when to reduce or scale back the size of liquidity and COVID-19 relief measures to avoid financial distress post-pandemic.
So far, the BSP has infused the financial system P2 trillion in liquidity, or about 11 percent of gross domestic product. “With this amount of liquidity, we are carefully assessing the appropriate timing of the unwinding of all these measures,” said BSP Governor Benjamin E. Diokno during the BSP’s “Ulat Sa Bayan” virtual version of its annual reception for the banking community, also known as Bankers Night.