We recognize that many members of the PW D are highly vulnerable to and experienced unfair practices. We are reminding banks and other BSP-supervised financial institutions to enforce non-discrimination policies and promote access to welfare-enhancing financial services of our PWD sector.
It will also do the most for returning our financial system to one that is more efficient and equitable. Second, we must strengthen our supervision of financial firms by returning to simple, wellestablished rules, such as maximum leverage and loan-to-value ratios. In an age of “markets know best” and “growth must be accommodated,” such rules were weakened in statutes and regulations.