Philippine early implementation of Basel III capital ratios politically motivated

The decision to bring full Basel III compliance in five years ahead of the final deadline is based on politics rather than economics, according to one risk manager


The early implementation of Basel III capital ratios from January 1, 2014 by the Philippine Central Bank, rather than the phased approach laid out by the Basel Committee, is motivated by political considerations instead of economic fundamentals, according to the chief risk officer of one domestic bank.

While most of the large Philippine banks already meet the capital requirements, the early adoption of the capital standards is not necessary and may be part of an attempt to increase the country's

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here