Security Bank: Lenders’ RRR possible at 3%
Security Bank expects the Bangko Sentral ng Pilipinas (BSP) to gradually slash the reserve requirement ratio (RRR) for universal and commercial banks from 5…
· 2 min read
Daily TribuneTopic
Security Bank expects the Bangko Sentral ng Pilipinas (BSP) to gradually slash the reserve requirement ratio (RRR) for universal and commercial banks from 5…
· 2 min read
Gold holdings account for about 10 percent of the country’s gross international reserves
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While AI is getting all the attention, other exciting innovations are shaping the future too.
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Newly appointed undersecretary for the Presidential Communications Office (PCO), Atty. Claire Castro, criticized former President Rodrigo Duterte’s claim that…
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The Bangko Sentral ng Pilipinas (BSP) on Monday refuted former president Rodrigo Duterte's statements that President Ferdinand "Bongbong" Marcos Jr. stole and…
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Officials discovered undeclared foreign currency, including Japanese yen, euros, and Kuwaiti dinars, amounting to approximately P6.6 million.
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A lower reserve requirement ratio (RRR) enables banks to lend more of their funds to clients in a cost-efficient manner. The new RRRs will take effect starting…
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Analysts expressed worries over the ballooning balance of payments (BoP) deficit that reached an 11-year high $4.1 billion in January, data from the Bangko…
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The country posted a $4.1 billion deficit in global financial transactions, or balance of payments, in January, the highest in 11 years, data from the Bangko…
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BSP Governor and Monetary Board chairman Eli Remolona Jr. said a gradual reduction of 25 basis points in any of the remaining Monetary Policy meetings this…
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‘Fintech companies have become alternatives to providing credit, especially to members of the informal sector who may not want to go to the bank formally…
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Steady rate should drive higher economic growth through loan-based consumption of goods and services by households and businesses while keeping inflation rates…
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Lending by universal and commercial banks slightly rose by 12.2 percent in December from 11.1 percent in November last year as interest rates remained elevated.
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The country’s net inflows of foreign direct investments (FDI) grew by 4.4 percent to $8.6 billion in the first 11 months of last year compared to the same…
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The Palawan Group of Companies (PGC) is collaborating with Bangko Sentral ng Pilipinas (BSP) to advance financial literacy and foster responsible currency…
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The Bangko Sentral ng Pilipinas (BSP) is expected to slash its reserve requirement ratio (RRR) by 200 basis points for universal and commercial banks in the…
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The Palawan Group of Companies (PGC) has partnered with the Bangko Sentral ng Pilipinas (BSP) to enhance financial literacy and promote responsible currency…
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A group of healthcare professionals, computer scientists, and game designers developed a virtual reality (VR) game to aid persons with dementia and kids with…
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