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Published April 30, 2021, 6:00 AM Slowly but surely the rehabilitation plan of flag-carrier Philippine Airlines (PAL) is taking its final shape. The whole framework of the rehab plan is now in its concluding phase as one major prerequisite, the projected liquidity position of PAL, is underway.. A central issue in the plan is the liquidity position of PAL moving forward. I heard from the banking community that Bank of the Philippine Islands, China Bank, Philippine National Bank and Asia United Bank have indicated their willingness to lend to the flag carrier. It’s an easy undertaking because the banking system right now is awash with money arising from the series of moves of the Bangko Sentral ng Pilipinas (BSP) such as the cut in key overnight interest rates and reduction in reserve requirements. All banks and financial institutions are now brimming with liquidity. ....