A STRONGER dollar helped reduce the country's external debt last year, the Bangko Sentral ng Pilipinas (BSP) said late on ...

The country’s foreign debt slipped slightly to $137.63 billion in end-December 2024 after hitting an all-time high of $139.64 ...

FILIPINO households showed a strong inclination towards asset accumulation, increased financial savings and reduced debt ...

ECONOMIC uncertainty during the pandemic prompted Filipino households to prioritize savings over incurring debt, leading to a significant decline in 2021, according to a nationwide survey by the ...

The Bangko Sentral ng Pilipinas (BSP) has moved its next monetary policy setting to April 10 from the original schedule of ...

Filipino household wealth remained largely in non-financial assets, according to a 2021 Consumer Finance Survey (CFS) of the ...

The Philippines’ foreign debt fell 1.4 percent to $137.63 billion in the fourth quarter of 2024 from $139.64 billion in the ...

MANILA, Philippines - The Philippines posted its second largest current account deficit on record in 2024 as the country’s ...

It was interesting to read the findings of the 2021 Consumer Finance Survey (CFS) conducted by the Bangko Sentral ng Pilipinas (BSP) from March 31, 2022 to Dec. 11, 2022, which were released last ...

HOUSEHOLD DEBT declined in 2021, reflecting reluctance to take on additional debt during the pandemic, the Bangko Sentral ng Pilipinas (BSP) reported. The BSP’s 2021 Consumer Finance Survey indicated ...

The Bangko Sentral ng Pilipinas (BSP) has issued a draft circular to introduce stricter rules on certain foreign exchange ...

THE Bangko Sentral ng Pilipinas (BSP) is looking to impose stricter exposure limits and higher capital charges on ...