OBB offers the benefits of Treasury bills ( counts as liquid asset ) while removing the rediscounting risk associated with carrying Treasury Bills.
12.
One incentive would be to give a bank with excessive past-due levels access to BSP's rediscounting window provided it merges with another bank.
13.
The bank took advantage of a government rediscounting program called " Masagana 99 ", with the intention of helping poor farmers gain access to credit.
14.
Sanctions for chronic violators call for a suspension of rediscounting privileges, cash dividend deceleration and branching privileges for 30 days or more, until the violation is corrected.
15.
In its rediscounting actions the BNA was not engaged in pure lender of last resort actions, following Bagehot's principle of lending freely at a penalty rate.
16.
Mechanisms such as discounting and rediscounting of letters of credit received from foreign buyers of Ecuadorean crude will be used to generate resources worth 0.5 percent of GDP, said Alarcon.
17.
For the period covering Jan . 1 to April 8, the bulk of BSP rediscounting loans mostly benefited the export sector ( 54 % ) and the agriculture sector ( 44 % ).
18.
Villanueva's group identified alternative measures to adopt, namely the lowering of reserve requirements, opening additional rediscounting or lending windows, review of banks'efficiency in setting spreads, and assessment of government's borrowings.
19.
Viloria said the bulk of loans or P1.894 billion was released through the Guarantee program; P767.87 million through the Small Enterprise Financing Facility ( SEFF ); and P692.77 million through the Rediscounting Facility.
20.
Manufacturers and other prime movers of the economy which depend largely on bank loans will hopefully have more access to funding after the Bangko Sentral ng Pilipinas ( BSP ) yesterday increased the rediscounting window to P7 billion from P5.7 billion.
