Tag "Bankers Association of the Philippines (BAP)"

Philippines, Japan Launch Credit Risk Model for SMEs’ Creditworthiness

The Bangko Sentral ng Pilipinas (BSP) and the Japan International Cooperation Agency (JICA) have teamed up to launch the Credit Risk Database (CRD) Scoring Model, aimed at improving the creditworthiness assessment of small and medium-sized enterprises (SMEs) in the Philippines.

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U.S. Banks’ Failures Has No Substantial Impact on Filipino Banks Says BAP

The Bankers Association of the Philippines (BAP) assures the Filipino public that the failures of three U.S. banks in less than a week has “no substantial nor material impact” on the local banks. BAP said in a statement that Philippines’

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