THE Bangko Sentral ng Pilipinas (BSP) has enough policies to make sure that the Philippine offshore gaming operator (POGO) sector will not negatively affect the country’s financial industry, officials assured.
During the first “GBED Talks” press chat on Friday, BSP Managing Director for Policy and Specialized Supervision Subsector Lyn Javier said the central bank has set out credit risk management guidelines as early as 2014 that require banks to underwrite their loans to real estate companies.
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