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Banking on solid ground - the role of banks in post-pandemic recovery

· Felipe M Medalla, Governor of the Bangko Sentral ng Pilipinas (Philippines)

Summary written by Dark Majestic in its own words · topics: growth, investment and productivity

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· Felipe M Medalla Wiki · Bangko Sentral ng Pilipinas WikiBanking on solid ground - the role of banks in post-pandemic recovery

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
  1. Banks must support the post-pandemic recovery.
  2. Credit growth needs to be sound.
  3. Banks face new risks after the crisis.
Solutions proposed
  1. Keep the banking system on solid ground.
  2. Support lending to the recovering economy.
  3. Strengthen dialogue between banks and the central bank.
Read full speech on bis.org ↗

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