MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) might soon have to let go of its worries about the peso’s volatility and just move independently of the US Federal Reserve when it ...

The Bangko Sentral ng Pilipinas (BSP) is set to post a record profit in 2024 after seeing its 11-month earnings grow by nearly five times to breach the P100-billion mark, thanks to fatter interest ...

The Bangko Sentral ng Pilipinas' Monetary Board wants to monitor the impact of global policies on the local economy before cutting rates further MANILA, Philippines – The Bangko Sentral ng ...

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 ...

Eli Remolona, governor of Bangko Sentral ng Pilipinas, attributes the decision to uncertainty. Christian Ulbrich, CEO of JLL, discusses the positive economic outlook for 2025 and the trend of CEOs ...

The reduction will bring the reserve requirement for universal and commercial banks down to 5% and will take effect in the ...

It fell within the Bangko Sentral ng Pilipinas' (BSP) 2.5- to 3.3-percent estimate for the month and the full-year goal of 2.0-4.0 percent target, but was slightly higher than the year ago 2.8 percent ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is likely to push ahead with a planned 200-basis-point (bp) cut in banks’ reserve requirement ratio (RRR) as early as April ...

BAGUIO CITY — A number of banks have asked the Bangko Sentral ng Pilipinas (BSP) to provide a two-year period as a soft landing for them to adapt to the proposed removal of interbank transfer fees, ...

“According to the 2021 Financial Inclusion Survey by the Bangko Sentral ng Pilipinas, more than half of the country’s adult population now owns a financial account,” a statement by Planbank ...

THE PHILIPPINES’ dollar reserves dipped in January, according to preliminary data by the Bangko Sentral ng Pilipinas (BSP). Data from the central bank showed gross international reserves (GIR) ...