Sanjay Mathur, chief economist for Southeast Asia and India at ANZ, said that the additional liquidity brought by the RRR cuts might not necessarily lead to more loans due to uneven demand.
“An increase in loanable funds does not automatically translate into actual lending of a similar magnitude. Actual lending also depends on demand, which is currently concentrated in some segments of household credit,” Mathur said.
The RRR is the percentage of deposits and deposit liabilities that banks cannot lend out and must set aside in deposits with the BSP.
The BSP slashed the RRR of big banks as well as non-bank financial institutions with quasi-banking functions by 250 basis points to seven percent from 9.5 percent. Likewise, the RRR for digital banks was reduced by 200 basis points to four percent from six percent, while the RRR for thrift banks was cut by 100 basis points to one percent from two percent.
この記事は The Philippine Star の October 09, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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この記事は The Philippine Star の October 09, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
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