At present, the Philippine economy’s potential growth is estimated at 6.5 percent, more than twice what it was in the early 1990s. The potential growth is projected to rise even further in the next three years, matching the government’s growth target of 7 to 8 percent by 2022.
Under the new supervisory architecture, regardless of the jurisdiction, banks operate under the same methodology, processes, standards and quality assurance that are 3/6  BIS central bankers' speeches  applied. Both since the crisis, and since the establishment of the SSM in November 2014, we have conducted 35 inspections of Irish banks supervised by the SSM. These inspections last on average 13 weeks.