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REGULATORS have since planned to put the program on stream and finally on Wednesday launched the spruced-up version of the Special Program for Rural Banks or SPRB which seeks to rescue problematic countryside lenders.
Where before regulations mandate the participation of only financially strong lenders as financial white knights for those requiring help, the new SPRB Plus program of the Bangko Sentral ng Pilipinas permits the participation of even so-called sub-scale banks.
CONTINUED money supply growth in March helped boost bank lending during the month as loan activities rose by another 18.7 percent to P2.795 trillion, the Bangko Sentral ng Pilipinas (BSP) said on Tuesday.
The growth highlighted the influence played by money sent home each month by some 10 million overseas Filipinos, receipts from the country’s merchandise exports and the impact of so-called “hot” money inflows, more formally known as portfolio investments.
WHEN we are faced with a situation where we needed to get something done without consideration for what it costs, most solutions tend to be inefficient. For example, when we have a manufacturing facility that needs to double its output, the simplistic solution would be to just double the production capacity.
However, is this really the most efficient approach to increase output? Certainly not. You should first consider your efficiency and see what improvements you can make to increase output without increasing the existing capacity. What does this mean? We all know that people and machines can make mistakes and may not operate perfectly. Imagine if a worker can produce 100 items using a machine but 50 of these items are not of the right quality and are therefore rejected.
