Over the past five years, the domestic economy expanded by more than 6 percent annually, providing more opportunities across all segments of society. Traditional Central Banking Let me share an open secret: Central Banks worldwide (and the BSP is no exception) are traditionally conservative institutions and some would argue, boring. Understandably so since stability is our main concern.
There cannot be a better advice for the Corporates trying to come to grips with the “new normal” in the changed financial market realities. 22.