BSP to build P200-B capital in 5 years

DUMAGUETE CITY, Negros Oriental—The Bangko Sentral ng Pilipinas (BSP) could fully reach its P200-billion mandated capitalization within the next five years, even after sizable contributions to the country’s sovereign wealth fund, a senior official said. Speaking at a forum for journalists, BSP Deputy Governor Elmore Capule said such an outlook assumed no “extraordinary” events that