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Low liquidity ratio may help thrift banks meet obligations

Business Mirror LogoBusiness Mirror15h ago

Low liquidity ratio may help thrift banks meet obligations - Business Mirror

Quick Summary:

THE Chamber of Thrift Banks (CTB) believes a Minimum Liquidity Ratio (MLR) lower than what the Bangko Sentral ng Pilipinas (BSP) is keen to keep may help CTB members meet short-term obligations.

Ordinario is also a Jefferson Fellow of the East West Center in Honolulu, Hawaii.

These include guarantees issued; trade-related guarantees; letters of credit; and, committed credit lines.Cai U.


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Article Details

Author / Journalist: Cai U. Ordinario

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-17 @ 16:04:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 397 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23106308

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About Business Mirror

Business Mirror Logo

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 74 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 9 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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