The latest level is equivalent to 13.6 percent of the total required reserves, from 0.6 percent on 30 April 2020. - The Monetary Board also approved prudential measures to assist MSMEs. The regulatory capital treatment of MSME exposures was amended to temporarily reduce the risk weights of 2/4  BIS central bankers' speeches  loans granted to MSMEs.
The implementation of the revised risk-based capital framework for banks was also deferred from end-2021 to end-2022 - The period of relief on the reporting of past due and non-performing loans of borrowers affected by the pandemic was also extended to 31 December 2021 from the original timeline of 8 March 2021 subject to reporting to the BSP.