Search results for Bangko Sentral Ng Pilipinas

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...

PHL financial education strategy set for release this year

THE BANGKO SENTRAL ng Pilipinas (BSP) is leading the development of the country’s National Strategy for Financial Education (NSFE) framework targeted for release before yearend, it...

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...

Central bank securities fetch higher average rate despite oversubscription

THE BANGKO SENTRAL ng Pilipinas’ (BSP) short-term securities were quoted at a slightly higher average rate on Monday even as the offer was met with strong demand. Total bids for th...

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...

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...

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...

Banks told to tighten controls vs dirty money risks

THE BANGKO SENTRAL ng Pilipinas (BSP) reminded its supervised institutions to comply with anti-money laundering and countering terrorism and proliferation financing (AML/CTPF) rule...

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...

BSP Issues Warning Anew Against Unauthorized Crypto Service Providers

The BSP stated it is coordinating with the Securities and Exchange Commission (SEC), the National Telecommunications Commission (NTC), and other government agencies to conduct mark...

Term deposit yield climbs as BSP tightens stance

THE CENTRAL BANK’S one-week term deposits fetched a higher average yield on Wednesday, even as demand soared, as the market priced in the latest rate hike and expectations of furth...

Financial account ownership among Filipinos at 50% — BSP

HALF of Filipino adults had formal financial accounts in 2025, with gains recorded among the youth and women, a Bangko Sentral ng Pilipinas (BSP) survey showed. According to the BS...

BSP again holds off new FX reporting portal

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) again deferred the full implementation of a new reporting system that would ensure a more transparent disclosure of bank...

Remolona: BSP has room to tighten

WASHINGTON, D.C. — The Bangko Sentral ng Pilipinas (BSP) said it has room to raise policy rates as the National Government’s planned catch-up spending is expected to cushion the ec...

Bank deposits hit P22 trillion as of March

DEPOSITS held by Philippine banks grew by 10.2% in the first quarter of the year, driven by a higher number of depositors and accounts, the latest data from the Bangko Sentral ng P...

BSP governor says it is considering off-cycle rate hike

MANILA — The Philippine central bank could hike interest rates ahead of its scheduled policy meeting on June 18, its governor said on Friday. Bangko Sentral ng Pilipinas Governor E...

Banks to weather Iran shocks–BSP

The Philippine banking system has limited direct exposure to the conflict in the Middle East, the Bangko Sentral ng Pilipinas (BSP) said, adding that strong capital buffers and amp...

Philippines posts $2.1 billion balance of payment deficit in April

MANILA — The Philippines’ overall balance of payments (BOP) position was a deficit of $2.1 billion in April after a deficit of $2.6 billion in March, the central bank said on Tuesd...

Financial account ownership rises among women, young people — BSP survey

MANILA, Philippines — Financial account ownership in the Philippines increased in 2025, according to a Bangko Sentral ng Pilipinas survey that also showed a sharp rise among young...

Philippine central bank shifts to rate hike stance as economy struggles

Managing inflation expectations crucial to ensuring financial system’s stability

THE BANGKO SENTRAL ng Pilipinas (BSP) should manage inflation expectations to maintain both price and financial stability as the country continues to grapple with the economic fall...

Central bank must tighten to stave off second-round inflation — GlobalSource

THE BANGKO SENTRAL ng Pilipinas (BSP) should begin tightening this week to manage inflation expectations and potential second-round price effects, GlobalSource Partners said. “The...

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...

Term deposit yield ends higher as market sees more BSP hikes

THE BANGKO SENTRAL ng Pilipinas’ (BSP) term deposits continued to fetch a higher average rate on Wednesday despite strong demand as the market expects further monetary tightening a...