As a result, the U/KB-issued bonds payable jumped by 163.1 percent to P316.7 billion as of end-February 2019 from P120.4 billion as of end-February 2018. The banking system’s risk management system remains strong that is backed by capital.
Lastly, I would point out the need for identifying exactly what influence monetary policy will have in the transformed economic and financial environment following the crisis. This crisis has had a devastating impact on the balance sheets of households, corporations and financial institutions, not to mention the government’s fiscal position.