MANILA - The Bangko Sentral ng Pilipinas likely to maintain an accommodative monetary policy for an "extended period of time," an official of Citi Philippines said Wednesday, as the government beefs up its COVID-19 containment and recovery response.
BSP Gov. Benjamin Diokno earlier said the BSP would keep its accommodative stance as long as necessary. "Our investments in Citi's platform to build multi-channel, cross-asset connectivity is paying off as clients increasingly pivot to a provider who can meet all of their needs in times of disruption," Citi Asia Pacific Head of Markets and Securities Services Stuart Staley said.
"These are things that we have been working on for a good amount of time and we have been hard at work to bolster the resiliency of the systems," he said.
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