THE country’s top central banker is hopeful that legislators will approve proposed changes to the Bangko Sentral ng Pilipinas (BSP) charter before the end of the year.

With the House of Representatives’ version having been passed on second reading last week, central bank Governor Nestor Espenilla Jr said in a statement: “We hope Congress will pass before the end of 2018 the proposed legislation amending the BSP charter as this will pave the way for an even stronger banking industry.”