With regard to corporate finance, private banks remain cautious in extending loans to firms with high credit risks, while they continue to be more active in extending loans to blue-chip companies. Their lending attitudes seem to be becoming slightly more accommodative in areas such as interest margin charges.
Amando M Tetangco, Jr: Promoting the rule of law in the financial sector Speech by Mr Amando M Tetangco, Jr, Governor of Bangko Sentral ng Pilipinas (the central bank of the Philippines), at the launching of the BSP’s book on “Special Banking Laws and annotated”, Bangko Sentral ng Pilipinas, Manila, 13 February 2013.