BSP requires banks to keep bigger emergency funds

필리핀 중앙은행(BSP)은 국가 금융 시스템을 강화하기 위한 새로운 프레임워크에 따라 은행에 대한 더 엄격한 자본 버퍼 요건을 시행하기 시작할 것입니다.

BSP 공고 1235호(5월 20일)에 따라 은행은 정상적인 신용 성장 기간에도 역대응성 자본 잉여금(CCyB) 프레임워크를 통해 추가 자본 배율을 구축해야 합니다.

The BSP said the measure is designed to help banks build reserves during stable economic conditions, allowing the central bank to ease requirements during financial stress or economic downturns to support continued lending.

The central bank also adopted a “positive neutral rate,” allowing the CCyB to be activated even outside periods of elevated financial risk.

According to BSP Governor Eli Remolona Jr., the reform aims to strengthen financial stability while allowing banks to respond more effectively during economic shocks.

The CCyB framework was first introduced under Basel III reforms following the 2008 global financial crisis, although it remained inactive locally since being adopted in 2018.

The new rules will be implemented gradually. Universal banks, commercial banks, and quasi-banks will have one year to comply, while digital banks will have two years.