
BSP halts coin deposit machines ops temporarily
Citizens who are patrons of coin deposit machines scattered in various malls in Metro Manila are advised that their services will be temporarily halted…
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Citizens who are patrons of coin deposit machines scattered in various malls in Metro Manila are advised that their services will be temporarily halted…
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‘The 45-day election ban on infrastructure spending, high base effects a year ago, and the adverse US tariff hike effects on trade could weigh on…
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This innovation links digital payments to responsible credit access, giving small businesses the financial tools to grow.’
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The BSP Monetary Board lowered the policy rate to 5.5 percent by 25 basis points on 10 April. This was after inflation slid to 1.8 percent in March.
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‘Our priority is delivering direct services to the people, especially the youth.’
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‘Through concerted reforms, government agencies fortified the integrity of our financial system and reaffirmed our nation’s commitment to combating financial…
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US President Donald Trump’s recent implementation of a 17 percent Liberation Day tariff on the Philippines sparked market concerns of an economic slowdown in…
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It first reduced the rate by 25 basis points this year on 10 April after the local inflation in March hit 1.8 percent, the lowest since May 2020 based on data…
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The Bangko Sentral ng Pilipinas (BSP) expects April inflation to settle within the 1.3 percent to 2.1 percent range, driven by lower prices of food and oil.
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While the digital bank has yet to release more details about the abnormal transactions, CIMB said ‘a few’ customers were affected
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External borrowings in the first quarter included bond issuances amounting to $3.33 billion, five project loans worth $1.46 billion, and three program loans…
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Institutions must foster a culture of continuous improvement to drive academic excellence and address global challenges.
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The first quarter survey results showed that most respondent banks (81.8 percent) retained their credit standards, a decrease from the previous quarter, where…
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Bank of the Philippine Islands (BPI) aims to grow agricultural loans by at least 10 percent this year through its partnership with Agrilever.
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The bank said the growth reflected higher gross customer loans at 12 percent to P3.3 trillion, while the non-performing loans ratio slightly declined by 0.1…
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A weekly delivery of gold to BSP Davao is 200 kilograms on average or 200,000 grams. This is P1.2 billion in any language.
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‘The deficit reflected the government’s drawdowns on its foreign currency deposits with the BSP to meet its external debt obligations, as well as the BSP’s net…
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Movable asset finance involves non-real estate assets like inventories, receivables, and equipment, that the MSME borrowers can present as collateral for bank…
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