
BSP raises credit card installment rate ceiling to 1.5%
The Bangko Sentral ng Pilipinas (BSP) has raised the ceiling on monthly add-on rates for credit card installment loans to 1.5 percent from 1 percent, while…
· 1 MIN READ
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Latest Daily Tribune news and analysis on Bangko Sentral ng Pilipinas’ (BSP).

The Bangko Sentral ng Pilipinas (BSP) has raised the ceiling on monthly add-on rates for credit card installment loans to 1.5 percent from 1 percent, while…
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BDO Foundation and BSP join forces with Tagbilaran City to boost financial literacy in Bohol, empowering MSMEs, students, and fisherfolk through innovative…
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Philippine foreign direct investment (FDI) net inflows fell 19.2 percent year-on-year to $4.8 billion in the first eight months of 2026, as lower intercompany…
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The Bangko Sentral ng Pilipinas (BSP)’s fight against rapidly rising inflation must complement fiscal policy efforts to restore economic growth, Economy,…
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Philippine banks posted a 5.2 percent increase in combined net profit to P208.5 billion in the first half of 2026, as loan growth and higher interest income…
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The country’s gross international reserves (GIR) fell to $97.4 billion at the end of October from $99.5 billion in September, reaching their lowest level in…
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The Bangko Sentral ng Pilipinas (BSP) calls on central banks to integrate AI into monetary policy strategies, highlighting its role in shaping economic…
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The Bangko Sentral ng Pilipinas (BSP) forecasts October inflation to rise to between 7.1 and 8.1 percent, potentially surpassing September’s three-year high of…
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Economic growth is expected to begin recovering in the first quarter of 2027 as the government ramps up public spending, Bangko Sentral ng Pilipinas (BSP)…
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The Bangko Sentral ng Pilipinas (BSP)'s tightening cycle is far from over despite its unprecedented 50-basis-point “jumbo” rate hike last Thursday, with…
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Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. maintained the central bank’s hands-off approach to the Philippine peso, saying it does not use…
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The central bank has now raised rates in its last four monetary policy meetings, bringing its key policy rate to 5.50 percent.
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Another interest rate hike by the Bangko Sentral ng Pilipinas (BSP) at its 22 October meeting would be an appropriate response to surging inflation, former…
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A rebound in Philippine economic growth in the second half of the year could strengthen the case for further interest rate hikes by the Bangko Sentral ng…
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The Philippines’ gross international reserves (GIR) fell to $99.5 billion at end-September, while the balance of payments (BOP) deficit widened to $9.1 billion…
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The Bangko Sentral ng Pilipinas (BSP) may end its monetary policy tightening cycle after its meeting next Thursday, 22 October, following another expected rate…
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Cash remittances from overseas Filipino workers (OFWs) rose by 1.9 percent year on year to $3.03 billion in August, bringing inflows in the first eight months…
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