BSP offers relief to banks with virus-hit clients

The name and logo of the Bangko Sentral ng Pilipinas are seen on the facade of the central bank's headquarters on F.B. Harrison Ave. in Manila. (TMT File Photo)

QUALIFIED lenders that sustained losses due to their exposure to borrowers and industries severely affected by the African swine fever (ASF) and the coronavirus disease 2019 (Covid-19) may get relief from the Bangko Sentral ng Pilipinas (BSP).