The RRR is a monetary policy tool which regulates the amount of reserves commercial banks must hold against their deposits MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) may cut the ...

BAGUIO CITY — Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. on Saturday hinted at the possibility of easing rates further by another 50 basis points this year, and reducing the reserve ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) said there are two foreign banks that have expressed interest in joining the country’s digital banking space. Meanwhile, two more ...

BAGUIO CITY — Monetary authorities could cut interest rates by just 50 basis points (bps) this year given lingering inflation risks, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said on ...

THE BANGKO SENTRAL ng Pilipinas’ (BSP) rate-cutting cycle will be supported by expectations of inflation settling well within target this year, analysts said. “The low inflation print for January ...

Ahead of Valentine’s Day, the Bangko Sentral ng Pilipinas (BSP) has a warning to the public: do not fall for the so-called love scams. You might have read about the scheme in the news.

a survey by the Bangko Sentral ng Pilipinas (BSP) showed. These were among the insights found in the central bank’s fourth quarter Senior Bank Loan Officers’ Survey (SLOS), which aims to ...

BAGUIO CITY, Philippines — The Bangko Sentral ng Pilipinas is likely to implement two 25-basis-point cuts – one in each semester – this year, the BSP chief said. BSP Governor Eli Remolona Jr ...

Six individuals face raps filed by the Bangko Sentral Ng Pilipinas for doing this. BANGKO SENTRAL NG PILIPINAS – Criminal complaints have been filed against six individuals due to the willful ...

the Bangko Sentral ng Pilipinas (BSP) said. Based on preliminary data, debt service burden jumped by 19.8 percent to $14.48 billion from January to October last year compared to $12.08 billion in ...

THE PHILIPPINE banking system’s gross nonperforming loan (NPL) ratio eased in November, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed. The industry’s gross NPL ratio slipped to ...