A total of 147 banks at 75 rivers in eastern Japan and the Kyushu region collapsed during Typhoon No. 19 in 2019 and the subsequent rains and the torrential rains in July this year.
Further, while Super Typhoon Leon (Kong-rey) made landfall in Taiwan, the cyclone brought inclement weather over Northern Luzon until it exited the Philippine area of responsibility (PAR) on Nov. 1.
BANKS with presence in areas affected by recent typhoons are being given a wider berth for loans and operations by the Monetary Board. In its Memorandum M-2025-003, the Bangko Sentral ng Pilipinas ...
THE BANGKO SENTRAL ng Pilipinas (BSP) is granting regulatory relief to banks in areas hit by recent typhoons. The Monetary Board, in a resolution dated Jan. 9, approved the grant of additional ...
Eleven years after Typhoon Yolanda and in the wake of six consecutive tropical storms, Filipinos want more climate accountability from corporates and the government. The intensifying cyclones ...