- December 19, 2024
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The Bangko Sentral ng Pilipinas (BSP) announced a 25-basis-point cut to key policy rates on Thursday, marking the third consecutive easing in its monetary policy. Effective
- December 16, 2024
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Remittances from overseas Filipinos rose for the second consecutive month in October, reaching $3.079 billion, according to data from the Bangko Sentral ng Pilipinas (BSP) released
- December 5, 2024
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The Bangko Sentral ng Pilipinas (BSP) has successfully concluded testing for Project Agila, a proof-of-concept pilot for its wholesale Central Bank Digital Currency (CBDC). The project
- November 22, 2024
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MANILA – A mix of new entrants and incumbent banks looking to convert their existing licenses are eager to secure one of the four additional digital
- November 7, 2024
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Senator Imee Marcos has questioned the Bangko Sentral ng Pilipinas’ (BSP) recent decision to sell 24.95 tonnes of gold during the first half of 2024, a
- October 16, 2024
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facility rate to 6.5%, effective October 17. This marks the second rate cut in 2024, following the BSP’s August reduction, as inflation pressures remain manageable. Governor
- October 10, 2024
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The Bangko Sentral ng Pilipinas (BSP) reported a rise in foreign direct investment (FDI) net inflows to the Philippines, reaching $820 million in July. This marks
- September 22, 2024
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The Bangko Sentral ng Pilipinas (BSP) announced a reduction in the reserve requirement ratio (RRR) for banks, aimed at increasing liquidity in the domestic economy. Effective
- September 20, 2024
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The Bangko Sentral ng Pilipinas (BSP) announced a reduction in banks’ reserve requirement ratios (RRR) to lower financial transaction costs. The RRR for universal and commercial
- August 27, 2024
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Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. received an “A-” grade in his first year as head of the central bank, according to Global
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