Raffy Montemayor, Salmon co-founder and Rural Bank of Sta. Rosa Laguna chairman, has expressed readiness to meet the Bangko Sentral ng Pilipinas (BSP)'s stringent requirements.
"Right now, what we can see is that a thrift bank will make sense. But we need to make sure we're ready capital-wise and (meet) other prudential criteria of the BSP," he said. "But that's our ambition, to be a thrift bank."
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