#banks

The Bangko Sentral ng Pilipinas (BSP) will begin implementing stricter capital buffer requirements for banks under a new framework aimed at strengthening the country’s financial system. 1235 dated May 20, banks will now be required to build additional capital buffers even during periods of normal credit growth through the Countercyclical Capital Buffer (CCyB) framework. 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. According to BSP Governor Eli Remolona Jr., the reform aims to strengthen financial stability while allowing banks to respond more effectively during economic shocks. Universal banks, commercial banks, and quasi-banks will have one year to comply, while digital banks will have two years. The good news is there are power banks out there that are powerful enough to charge your laptops. You might also want to check out the Dell Power Companion 18,000mAh, 12 Bang-for-the-Buck Power Banks You Can Buy, and 5 Things You Might Not Know About Powerbanks. So if you're a heavy user and want to be liberated from your wall socket, then take a look at our list of 12 Bang-for-the-Buck power banks that you can buy. Read more in our articles including "BSP requires banks to keep bigger emergency funds" and "Waze now adds motorcycle mode, personalized routes".