- April 1, 2022
- Marco Suarez
The Bangko Sentral ng Pilipinas (BSP) will raise the country’s policy rates by 75 basis points (bps) in the second semester of 2022. According to BSP
- March 24, 2022
- Joaquin Reloj
The Bangko Sentral ng Pilipinas (BSP) expressed its support for the issuance of Executive Order (EO) No. 127 — signed in March 2021 — to advance
- March 10, 2022
- Marco Suarez
Banko Sentral ng Pilipinas (BSP) governor, Benjamin E. Diokno, recently shared the country’s plans regarding central bank digital currencies (CBDC). CBDCs have been a rapidly developing
- February 9, 2022
- Joaquin Reloj
According to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno, the chances of the BSP to release its own central bank digital currency (CBDC) in the near
- January 18, 2022
- Joaquin Reloj
The first banks that are converting to digital banking in the Philippines are expecting to become operational within the first three months of the year, according
- December 22, 2021
- Marco Suarez
To further promote Islamic banking in the Philippines, the Bangko Sentral ng Pilipinas (BSP) has partnered with an Islamic finance standard-setting body. Benjamin Diokno, BSP Governor,
- December 14, 2021
- Marco Suarez
Amidst the pandemic, cryptocurrency has seen a significant boom in value and attention as investors have flocked to the industry. Currently, it is estimated that over
- December 14, 2021
- Joaquin Reloj
Following the recent claims of some bank customers being hacked and losing some of their funds, the Bangko Sentral ng Pilipinas (BSP) is currently probing the
- December 14, 2021
- Marco Suarez
The Bangko Sentral ng Pilipinas (BSP) has issued a statement reminding all authorized banks to accept “mutilated or doubtful” currencies from the public, pursuant to the
- August 1, 2021
- Marco Suarez
The World Bank has approved a new $400-million loan to the Philippines to support financial sector reforms as the country recovers from the pandemic. The First
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