Stable banking system

Bangko Sentral ng Pilipinas Governor Felipe Medalla (right) remains confident that the banking system is sound, stable and capable of supporting economic growth. Medalla, in the recent ‘The Asset 17th Philippine Summit’ in Taguig City, encouraged banks to continue building up capital as this strengthens their capacity to absorb risks, remain resilient and ensure the safety of their customers’ deposits. With Medalla is The Asset editor-in-chief Daniel Yu.