60-Day Grace Period, Ordered by the BSP
To help with everyone’s financial situation, the Bangko Sentral ng Pilipinas or the BSP put down the order to give a 60-day grace period on all payments of loans. Benjamin Dikno, the Governor of the BSP said that this requires all institutions covered by the BSP. We require all covered institutions to implement a mandatory, one-time, 60-day … Read more