As of end-June 2020, the capital adequacy ratio of universal and commercial banks was at 16.3 percent on a solo basis and 16.7 percent on a consolidated basis, well above the 10 percent regulatory requirement of the BSP and the international standard of 8 percent. Liquidity conditions remain ample, supported by the liquidity-enhancing measures of the BSP.
Willem F Duisenberg: Current economic developments and prospects in Europe, as well as other activities of the Eurosystem  Introductory statement delivered by Dr Willem F Duisenberg, President of the European Central Bank, at the Hearing before the Committee on Economic and Monetary Affairs of the European Parliament, Brussels, on 20 June 2000.