Social Media Ideas for Bangko Sentral Ng Pilipinas

BSP says it is monitoring FX market

MANILA — The Philippine central bank said on Wednesday it intervenes in the foreign exchange market to address disorderly market conditions and smooth extreme volatility, especiall...

BSP raises key interest rate by 50 basis points

MANILA — The Philippine central bank raised its key interest rate by 50 basis points to 5.50% on Thursday, its fourth consecutive increase and larger than the market expected. All...

Payments and Clearing Systems in Philippines

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BSP raises policy rate, as expected

MANILA — The Philippine central bank raised its key interest rate PHCBIR=ECI by 25 basis points to 5% on Thursday, in line with market expectations for a third consecutive tighteni...

BSP Won’t Defend ₱60 Target as Philippine Peso Hits Historic Low Past ₱62

The Bangko Sentral ng Pilipinas ruled out using foreign reserves to hold the peso below ₱60 as the currency fell to a historic low of ₱62.265 against the US dollar.

Philippines posts $3.1 billion balance of payment deficit in September

MANILA — The Philippines’ overall balance of payments position hit a deficit of $3.1 billion in September, widening from a deficit of $596 million in August, the central bank said...

BSP Imposes ₱1B Capital Requirement on Local Banks Operating Digital Models

The Bangko Sentral ng Pilipinas has mandated a ₱1 billion minimum capital requirement for thrift, rural and cooperative banks operating digital business models.

Turns Out Filipinos Will Use Digital Banking Much More If You Stop Charging Them ₱15 Per Transfer

A landmark BSP-IPA study reveals that waiving InstaPay transfer fees doubles transaction activity and activates cash-reliant Filipinos.

BSP delivers larger-than-expected 50 bps hike to combat inflation

Move was BSP’s fourth straight increase BSP lifts 2027 inflation forecast to 6.0% from 5.4% on oil and El Niño risks BSP open to further rate hikes MANILA — The Philippine central...

Philippines aligns bond pricing with global convention

MANILA, Philippines — The Philippines will adopt an international bond pricing convention on Jan. 4, 2027, covering eligible peso-denominated government and corporate securities as...

Consensus builds for further BSP rate increases

MANILA, Philippines — The Bangko Sentral ng Pilipinas may have to raise its policy rate higher to rein in high inflation and help support the weakening peso, analysts said. In a no...

Philippines raises key rate to 5.5% as inflation saps growth

Billease Bank Rebrand Signals Launch of In-App Savings Accounts and New BSP Leadership

Billease Bank rebrands and prepares to launch native savings and deposit accounts inside its app while adding former BSP Deputy Governor Eduardo G. Bobier to its board.

Red hot inflation seen extending BSP hikes

MANILA, Philippines — The Philippines is facing the highest pressure from inflation in Asia, which may prompt the Bangko Sentral ng Pilipinas (BSP) to extend its rate-hiking cycle...

BSP Approves PERA Time Deposits: Rules, Tax Perks, and Eligibility Explained

The Bangko Sentral ng Pilipinas now allows banks to offer tax-exempt PERA time deposits with a minimum 30-day maturity and full PDIC coverage.

Philippines’ gross foreign reserves rise to $104.8 billion at end-August

MANILA — The Philippines’ gross foreign reserves PHFXR=ECI rose to $104.8 billion at the end of August from $103.3 billion at the end of July, the central bank said on Monday, citi...

Philippine Payment Review Targets Hidden Online Casino Flows

The Bangko Sentral ng Pilipinas is preparing stricter controls for payment service providers after authorities identified thousands of merchant accounts allegedly connected to ille...

BSP and BMAP Launch Scam Ready ASEAN Initiative and ScamCheck.ph Verification Tool in the Philippines

BSP, BMAP, Google.org, and BetterGov launch the Scam Ready ASEAN initiative in the Philippines alongside the scamcheck.ph verification portal to combat digital fraud.

Philippines Plans 12-Month Freeze on New Payment System Operator Registrations

The Philippines’ central bank is proposing a one-year pause on new payment-system operators as it rethinks who should be regulated inside the payments chain. The draft circular fro...

PH inflation shock revives bets on BSP rate hikes

MANILA, Philippines — A sharp acceleration in inflation to a three-year high in September could force the Bangko Sentral ng Pilipinas (BSP) to consider raising interest rates again...

[In This Economy] Should Filipinos’ ‘consumption culture’ be blamed for the weak peso?

BSP Governor Eli Remolona did not say that consumption is the enemy. Instead, the underlying message is that our country as a whole needs to find better ways to finance our investm...

BSP Draft Rules Seek to Block QR Ph Workaround Used by Offshore Platforms

Proposed BSP rules ban third-party payment middlemen for offshore platforms, threatening foreign apps relying on QR Ph top-ups in the Philippines.

Philippines Crypto Exchange Directory: Licensed BSP VASPs and SEC Blocked Platforms

A live safety scorecard and regulatory directory of cryptocurrency trading platforms operating in or accessible from the Philippines: which exchanges hold active BSP VASP licenses,...

Coins.ph users can’t add money from banks after BSP order

Coins.ph users cannot add pesos through InstaPay or PESONet after BSP restricted DCPay’s inbound transfers, while cash-outs remain operational.