August remittances up 4.2%
Remittances from overseas Filipino workers (OFW), both cash and personal, posted significant improvements in August, the Bangko Sentral ng Pilipinas (BSP) said…
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Remittances from overseas Filipino workers (OFW), both cash and personal, posted significant improvements in August, the Bangko Sentral ng Pilipinas (BSP) said…
Following the joint endorsement of the Bangko Sentral ng Pilipinas (BSP) and the Department of Finance (DoF) on lifting the banks’ deposit secrecy provisions,…
Lifting the secrecy provisions are “crucial and indispensable” to the proposed amnesty for tax delinquents and should also bring significant benefits to the…
The Bangko Sentral ng Pilipinas (BSP) put to rest on Tuesday any more notions of further policy rate cut this year.
Domestic liquidity, also known as M3, grew at a slower rate for the month of August, the Bangko Sentral ng Pilipinas (BSP) reported on Monday.
Although the Bangko Sentral ng Pilipinas (BSP) has reduced the policy rates another 25 basis points only last week, one more such reduction remains possible…
The Monetary Board’s decision was based on the easing of price pressures. #BSPpolicyrate
According to the BSP, the positive index reflects the number of optimists outnumbering pessimists in the third quarter.
Based on the 2017 Financial Inclusion Survey of the Bangko Sentral ng Pilipinas (BSP), only 15.8 million Filipino adults or 22.6 percent of the total adult…
BSP is closely monitoring events such as the drone attack on the oil refining facilities of Saudi Arabia and its impact on the policy discussions of the…
The BSP will reduce the policy rate by another 25 basis points to just 4 percent from the current 4.25 percent
The Bangko Sentral ng Pilipinas (BSP) signed on Friday a memorandum of understanding (MoU) with the Bases Conversion and Development Authority (BCDA) to…
Earlier, the BSP downgraded its target FDI this year to only $9 billion from $10.2 billion given such external risks and dampeners as the ongoing trade tension…
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has approved the enhanced guidelines on voluntary surrender of a banking license either with a plan…
The consumer lending business, currently operated through PNB Savings, will also benefit from PNB’s ability to efficiently raise low cost of funds
BSP Governor Benjamin Diokno previously said the central bank will impose another 25bps policy rate reduction before the year ends
The Bangko Sentral ng Pilipinas (BSP) lauds the recent signing of Republic Act 11439 or “An Act Providing for the Regulation and Organization of Islamic Banks.”
The banking community yesterday welcomed President Rodrigo Duterte’s appointment of Budget Secretary Benjamin Diokno as the new Bangko Sentral ng Pilipinas…
Deposit insurer PDIC prohibits the Laguna rural lender from engaging in any more business, making it the second rural bank to close shop this year. contributed…
The fourth man at the helm of the Bangko Sentral ng Pilipinas (BSP), Nestor A. Espenilla Jr., who was not an accountant and had been derided for it by an…