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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...
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 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...
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...
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...
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...
THE BANGKO SENTRAL ng Pilipinas (BSP) reminded authorized agent banks (AABs) that non-deliverable foreign exchange (FX) derivative transactions must serve legitimate economic purpo...
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...
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...
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...
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...
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...
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...
THE BANGKO SENTRAL ng Pilipinas’ (BSP) short-term securities fetched a higher average yield for a second straight week on Monday, even as the offer was oversubscribed. The 28-day B...
MANILA — The Philippine central bank said on Monday it may consider a stronger monetary policy response if elevated inflation expectations become entrenched, vowing it “will take a...
THE BANGKO Sentral ng Pilipinas (BSP) and the Securities and Exchange Commission (SEC) are in talks on regulating online lending platforms, including a possible transfer of oversig...
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...
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...
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...
THE BANGKO SENTRAL ng Pilipinas’ (BSP) term deposits fetched a slightly higher average yield on Wednesday, marking the fifth straight week of increase despite investor demand holdi...
PHILIPPINE BANKS’ total assets grew by 8.33% at end-February as they continued to grow their loan portfolios, Bangko Sentral ng Pilipinas (BSP) data showed. Banks’ combined assets...
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...
PHILIPPINE BANKS may soon be required to adopt stricter international reporting standards related to sustainability as the Bangko Sentral ng Pilipinas (BSP) noted the growing risks...
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