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Risk sharing in mandated lending suggested

A RISK-SHARING arrangement between the banking sector and the government could facilitate mandated lending to farmers and small firms, the head of Bank of the Philippine Islands (BPI) said last week.

Speaking at The Manila Times online business forum, BPI President and Chief Executive Officer Teodoro Limcaoco noted that there was much discussion regarding how lenders were assisting the agriculture sector and the micro, small and medium enterprises (MSMEs).