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At least one of the state banks has discussed the possibility of regulatory relief with the BSP. But currently, both banks are still compliant with their capital requirements even after putting tens of billions in the Maharlika Investment Corporation, Remolona said. In the event that one of these banks does obtain relief, it would be required to disclose this to its stakeholders, BSP Supervisory Policy and Research Department Director Cynthia Sison said.that diverting so much capital away from these state banks could impair their ability to lend to the agricultural sector and make them more vulnerable toto merge Landbank and DBP into one government “superbank.
“It’s not up to us. Once they decide to merge, then we will go ahead and look at the books of the merged entity,” he said.
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