To prevent this from happening, banks are subject to the large exposure regime, which means that they can only lend up to 25 per cent of their equity to a single debtor. This way, banks will have enough capital even if the debtor defaults. Sovereigns, however, are currently exempt from the large exposure regime.
We believe that these opportunities complement the Maybank Group’s long-term sustainability goals. As I end my presentation, let me assure that the BSP will remain steadfast in leading sustainability principles in the banking sector, in line with our national aspirations for sustainable development. Congratulations to Maybank Philippines Incorporated on your silver anniversary. Thank you and Mabuhay! 2/2  BIS central bankers' speeches