The government should return the contributions of state-led banks to the Maharlika Investment Fund, a former official of the Bangko Sentral ng Pilipinas said on Wednesday.
MANILA - The government should return the contributions of state-led banks to the Maharlika Investment Fund , a former official of the Bangko Sentral ng Pilipinas said on Wednesday.
“In the first place, ‘yong pera ng Landbank at ng DBP is not exactly owned by the government. Deposito ‘yan ng publiko eh ,” Guinigundo said. Guinigundo pointed out that without regulatory relief from the BSP, both banks will have to ease their lending. For Guinigundo, President Ferdinand Marcos’ decision to step on the brakes on the implementation of MIF is a welcome development. But the government will have to decide on Maharlika's fate soon.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Maharlika IRR implementation suspended pending further study, says DBP headThe enforcement of the implementing rules and regulations of the Maharlika Investment Fund (MIF) was ordered suspended pending further study, the Development Bank of the Philippines said.
Baca lebih lajut »
DBP confirms suspension of Maharlika fund implementationState-run Development Bank of the Philippines on Wednesday confirmed the suspension of the implementation of the Maharlika Investment Fund (MIF).
Baca lebih lajut »
LandBank remains strong, adequately capitalizedState-owned Land Bank of the Philippines (LandBank) on Sunday said it remains adequately capitalized even with the bank’s PHP50 billion seed capital to the Maharlika Investment Corporation (MIC).
Baca lebih lajut »
Marcos suspends Maharlika fund implementation, says it needs further review' directed the Treasurer to suspend implementation of the IRR, pending further study,' Developement Bank of the Philippines CEO Michael de Jesus tells Rappler on Wednesday, October 18
Baca lebih lajut »
Nope, Maharlika fund IRR suspension isn’t due to banks’ concernsThe suspension of the Maharlika fund's implementation is another sign of an upcoming Cabinet shake-up, sources tell Rappler
Baca lebih lajut »
Marcos suspends Maharlika fund implementation — PalacePRESIDENT Ferdinand Marcos Jr. suspended the implementation of the Maharlika Investment Fund (MIF) this year pending further study, Malacañang announced on Wednesday.
Baca lebih lajut »