‘Communication is key’
In line with its primary mandate, the Bangko Sentral ng Pilipinas vowed to remain steadfast in bringing the BSP closer to Filipinos whom it acknowledged as its…
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In line with its primary mandate, the Bangko Sentral ng Pilipinas vowed to remain steadfast in bringing the BSP closer to Filipinos whom it acknowledged as its…
The BSP says ATM transaction fees no higher than P18 had been approved.
According to the BSP, the sentiment of businesses in the Philippines reflects the more buoyant business outlook in Brazil, Chile, Hungary and the Netherlands.
Diokno said the BSP is evaluating and assessing what the banks are or have been doing with the unleashed liquidity.
According to him, the coins will co-exist with the currently circulating P20 NGC banknote, which will be removed from the circulation through natural attrition.
The BSP reported that OFW personal remittance hit $3 billion in October as opposed to the $2.8 billion year-ago level. AFP
State-run Philippine Deposit Insurance Corp. (PDIC) on Wednesday bared its fangs against the still uncooperative lender ordered closed by the Bangko Sentral ng…
Additional liquidity by way of further cuts in the deposit reserves for banks might still be expected for 2020 as the Bangko Sentral ng Pilipinas (BSP) was…
The likelihood of another reduction on the rate at which the Bangko Sentral ng Pilipinas (BSP) lends to and borrows from banks is still on, BSP Governor…
This amendment is in line with the BSP’S commitment to implement legislation and ensure that the BSP’s regulatory framework is consistent with prevailing laws.
For 2020, profitability of the banking sector should improve despite the anticipated lower interest rates. #BSPratescut
The central bank chief earlier said that their 20 percent target for cashless transaction by 2020 is a conservative number and thus, likely to be surpassed on…
Portfolio funds, more known as “hot” money, briefly flowed inward in October but would eventually exit the country over a 10-month stretch, the Bangko Sentral…
According to the Financial Inclusion Survey of the BSP, approximately 77.4 percent of the Filipino population remains unbanked.
According to AMA Rural Bank, they are exploring all possible courses of action to reverse the BSP’s decision and resume their operations.
The country’s foreign currency reserves or gross international reserves (GIR) expanded yet again in October, latest data from the Bangko Sentral ng Pilipinas…
The BIS’ green bond fund initiative aims to help central banks incorporate environmental sustainability objectives in the management of their reserves.
Lending norms across all sectors that include households and enterprises, indicated a retention in the third quarter of the year, the Bangko Sentral ng…
The Bankers Association of the Philippines (BAP) welcomed the reduction made by the Bangko Sentral ng Pilipinas (BSP) further reducing the reserve requirement…
The Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) reduced the banks’ deposit reserves another full percentage point lower on Thursday to 14…