· Felipe M Medalla Wiki · Bangko Sentral ng Pilipinas WikiBanking on solid ground - the role of banks in post-pandemic recovery
Read full speech on bis.org ↗ContextSpeech at the Bankers Association of the Philippines; Bangko Sentral ng Pilipinas keeps the banking system sound and supports post-pandemic recovery.
Why it mattersMedalla asks banks to support the post-pandemic recovery.
Problems raised
- Banks must support the post-pandemic recovery.
- Credit growth needs to be sound.
- Banks face new risks after the crisis.
Solutions proposed
- Keep the banking system on solid ground.
- Support lending to the recovering economy.
- Strengthen dialogue between banks and the central bank.