As 2024 ends, the Bangko Sentral ng Pilipinas and the Philippine banking sector are poised to tackle a pivotal year ahead.
The Bangko Sentral ng Pilipinas has extended the transitory period for compliance with Circular 1195, which outlines the ...
The Bangko Sentral ng Pilipinas (BSP) is giving the local payments industry more time to put up their respective systems that ...
Foreign portfolio investments registered with the Bangko Sentral ng Pilipinas (BSP) through authorized agent banks recorded ...
Foreign currency-denominated loans granted by banks were almost flat in the third quarter while dollar deposits went up amid ...
THE government will have to go beyond doing the 'usual stuff' if it wants to bring down rice prices and keep a lid on ...
AMID inflationary pressures and fiscal risks grappling the year 2024, the local banking sector has been steeled for further headwinds in the coming year; thanks to actions of the Bangko Sentral ng ...
The Bangko Sental ng Pilpinas (BSP) on Thursday defended the transition to the use of polymer banknotes, saying they have a ...
The Philippines has achieved a milestone at the Saudi Halal Expo, generating over $100 million in revenue through its dynamic “Halal-Friendly Philippines” campaign. This achievement underscores the ...
THE BANGKO SENTRAL ng Pilipinas (BSP) has extended until end-March the transitory period for banks’ adoption of consumer redress mechanism standards for electronic payments. “The transitory period, ...
Inc. expects the Bangko Sentral ng Pilipinas’ (BSP) rate-cut cycle to boost its profitability next year, its top official said. “Slowly, as they (BSP) bring down the policy rates, [our income is] ...
LOANS granted by the Foreign Currency Deposit Units (FCDU) of banks slightly picked up in the third quarter of 2024, the Bangko Sentral ng Pilipinas (BSP) reported last week. Outstanding FCDU loans ...