As of end-December 2020, the risk-based capital adequacy ratio of the universal and commercial banking industry on solo and consolidated bases stood at 16.6 percent and 17.1 percent, respectively—well above the minimum thresholds set by the BSP and the Bank for International Settlements.
As of end-December 2020, the universal and commercial banking industry’s liquidity coverage ratio and net stable funding ratio remained higher than the minimum 100 percent threshold which indicate banks’ ability to fund requirements during short- and long-term liquidity shocks.