One of its responsibilities is to oversee the functioning of financial markets and an important part of that task is also to strive at an efficient and credible payments system. In this kind of environment a central bank plays an important role as a catalyst for improving and enhancing competition. 4  The impact of bank organization on credit risk is analysed by e.g.
Liquidity in our banking system remains adequate and bank lending operations continue to expand at a healthy pace. Furthermore, our banks are capitalized above the global standards and BSP regulatory requirement. Moving forward The next question is how do we move forward?