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bworldonline.com /1 month ago

BSP’s real-time gross settlement system processed record P601 trillion in 2025

TRANSACTIONS that went through the Bangko Sentral ng Pilipinas’ (BSP) Peso Real-Time Gross Settlement (RTGS) Payment System reached P601.32 trillion in 2025, marking its strongest...

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bworldonline.com /1 month ago

New BSP rules seek to ensure undisrupted settlement of transactions

FINANCIAL INSTITUTIONS and other participants in the Peso Real-Time Gross Settlement (RTGS) system must report operational issues immediately and adopt alternative measures to ensu...

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bworldonline.com /3 weeks ago

BSP allows direct currency withdrawals by banks during calamity, emergency situations

BANKS not registered with the Philippine Payment and Settlement System (PhilPaSS) Plus or the Integrated Currency Management System (ICMS) are now temporarily allowed to withdraw c...

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bworldonline.com /4 days ago

BSP eases bank credit risk transfer deal rules

THE BANGKO SENTRAL ng Pilipinas (BSP) is now allowing guarantees issued between a bank’s head office and its branches or between branches located in different jurisdictions to be u...

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business.inquirer.net /3 weeks ago

BSP eases bank access to cash during calamities

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) has approved a temporary relief measure allowing banks that are not yet registered in the payment and currency managemen...

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bworldonline.com /1 month ago

BSP approves relief measures for banks, borrowers amid war shock

THE BANGKO SENTRAL ng Pilipinas (BSP) has approved relief measures to help give both banks and borrowers financial flexibility and support continued lending activity in the face of...

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webwire.com /4 weeks ago

IATA Pilots Billing & Settlement Plan in Somalia

IATA has launched a pilot of its Billing & Settlement Plan (BSP) in Somalia, paving the way for a full launch of the service at the end of May 2026. - - The launch of the...

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bworldonline.com /1 month ago

BSP seen to hike by 50 bps this year

THE BANGKO Sentral ng Pilipinas (BSP) could raise benchmark borrowing costs by up to 50 basis points (bps) this year as the oil price shock from the Iran war worsens inflation expe...

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bworldonline.com /1 month ago

BSP’s 2025 net profit climbs 10% on lower expenses

THE BANGKO SENTRAL ng Pilipinas (BSP) posted a higher net income in 2025, supported by lower expenses and higher gains from foreign exchange (FX) rate fluctuations, preliminary dat...

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regulationtomorrow.com /1 day ago

FCA PS26/8: Retail banking business models data

On 29 May 2026, the Financial Conduct Authority (FCA) published Policy Statement 26/8: Retail banking business models data (PS26/8). Background In January 2026, the FCA consulted o...

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dailynews.co.zw /1 month ago

POSB deposits surge

PEOPLE’s Own Savings Bank (POSB)’s deposits soared 42 percent to ZiG1,94 billion during the year ended December 31, 2025, attributable to targeted... To access this cont...

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