BSP to assess DBP's regulatory relief extension

The Bangko Sentral ng Pilipinas (BSP) will evaluate any request from the Development Bank of the Philippines (DBP) for an extension of its regulatory relief, but only if the justification is deemed strong and reasonable, an official said.

- Keisha Ta-asan

BSP Deputy Governor Chuchi Fonacier said that monetary authorities would conduct a thorough review if DBP would seek an extension of the regulatory relief given to them after contributing P25 billion to the Maharlika Investment Fund (MIF).

"Of course, they have to justify (their request) and then we need to assess if it's reasonable," Fonacier told reporters on the sidelines of the 2025 Media Information Session in Baguio City over the weekend.