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 ...
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Inquirer on MSNBank reserves ratio going down by 200 bpThe Bangko Sentral ng Pilipinas (BSP) on Friday announced another supersized cut to the reserve requirements of banks, a move that would inject P300 billion additional loanable funds into the domestic ...
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Hosted on MSNBSP surprises market by slashing banks’ RRRThe Bangko Sentral ng Pilipinas (BSP) surprised markets yesterday as it announced another major reduction in the amount of ...
The Bangko Sentral ng Pilipinas (BSP) on Friday reminded banks to accept unfit or mutilated Philippine banknotes and coins ...
The Bangko Sentral ng Pilipinas (BSP) said Friday it will reduce the reserve requirement ratios (RRRs) by 200 basis points ...
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GMA Network on MSNBSP cuts further banks’ reserve requirementsThe Bangko Sentral ng Pilipinas (BSP) on Friday announced the reduction in banks’ reserve requirement ratios (RRR) as part of its efforts to lower the cost of financial transactions in the country.
ALL banks must accept torn, stained or corroded peso bills and coins from the public, and should be exchanged for free, the Bangko Sentral ng Pilipinas (BSP) said on Friday. In a public advisory, the ...
The RRR is often slashed when central banks want to stimulate more economic activity, as it allows banks to have more funds available for lending ...
The Bangko Sentral ng Pilipinas (BSP) said it launched the Financial Cyber Resilience Governance Council (FCRGC) to boost ...
The Bangko Sentral ng Pilipinas' Monetary Board wants to monitor the impact of global policies on the local economy before ...
Banks' reserve requirement ratio (RRR) will be further reduced, the Bangko Sentral ng Pilipinas (BSP) said. In a statement ...
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