9 Refers to the Act Allowing the Full Entry of Foreign Banks in the Philippines on 15 July 2014 10 Refers to Yuanta Commercial Bank Co., Ltd. of Taiwan which acquired Tong Yang Savings Bank and Woori  Bank of South Korea which acquired 51 percent of the voting stock of Wealthbank. 11 Refers to micro, small and medium enterprises.
4/4  BIS central bankers' speeches