Third, the Bank decided that, while setting an upper limit, it would increase the outright purchase of long-term government bonds if it deemed necessary for providing liquidity smoothly.
4/7  BIS central bankers' speeches  Based on the BSP supervised financial institutions’ survey, the full year target for net interest income, other fees, operating expenses will drop while provisioning will increase. To mitigate the adverse impact of the pandemic on profitability, banks plan to impose cost-cutting measures (e.g.