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NEWS UPDATES Asean Affairs   November  6,  2017  








 
MSME loans get lower risk weighting

Philippines: Loans by micro, small and medium enterprises (MSMEs) that have been guaranteed by a Credit Surety Fund (CSF) Cooperative will now be considered a low-risk debt, the Bangko Sentral ng Pilipinas said on Friday.
 
The policy-setting Monetary Board has approved the amendments to the risk-based capital adequacy framework for banks, the central bank noted.

The amended framework assigned a lower risk weight of 20 percent on performing loans to MSMEs guaranteed by a qualified Credit Surety Fund (CSF) Cooperative. Existing regulations provide a 75-percent risk weight to a qualified MSME portfolio.

"This policy intends to facilitate the increased flow of funds to MSMEs that will translate to the further growth of the sector and of the domestic economy," the BSP noted.

A CSF Cooperative is organized in line with Republic Act No. 10744, or the Credit Surety Fund Cooperative Act of 2015 and its implementing rules and regulations.


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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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