Philippine central bank cuts banks' reserve requirements, effective from late March
The Philippine central bank on Friday said it was reducing the reserve requirement ratio (RRR) for banks by 200 basis points ...
Inquirer on MSN4h
Record high: Bangko Sentral profit tops P100B
The Bangko Sentral ng Pilipinas (BSP) is set to post a record profit in 2024 after seeing its 11-month earnings grow by ...
BusinessMirror1h
BSP to cut RRR; ₱330-B funds seen unlocked
THE Bangko Sentral ng Pilipinas (BSP) is set to cut the reserve requirement ratios (RRRs) for banks and non-financial ...
Manila Bulletin9h
BSP profits skyrocket, up nearly fourfold in first 11 months of 2024
The Bangko Sentral ng Pilipinas (BSP) reported a net income of ₱113.6 billion from January to November 2024, a surge of over ...
PhilStar Global on MSN7h
BSP surprises market by slashing banks’ RRR
The Bangko Sentral ng Pilipinas (BSP) surprised markets yesterday as it announced another major reduction in the amount of ...
manilastandard10h
BSP tells banks to accept unfit banknotes, coins
The Bangko Sentral ng Pilipinas (BSP) on Friday reminded banks to accept unfit or mutilated Philippine banknotes and coins ...
BusinessMirror1h
BSP 11-month net income rises 5-fold to P113.6 billion
THE Bangko Sentral ng Pilipinas (BSP) reported a P113.6-billion net income from January to November 2024, marking a nearly five-fold year-on-year increase. Preliminary data from the BSP showed its net ...
manilastandard10h
BSP announces 200 bps cut in big banks’ RRR
The Bangko Sentral ng Pilipinas (BSP) said Friday it will reduce the reserve requirement ratios (RRRs) by 200 basis points ...
The Manila Times on MSN7h
BSP frees up liquidity with reserve ratio cuts
THE Bangko Sentral ng Pilipinas (BSP) on Friday said it would be slashing bank reserve requirements in a bid to boost ...
Rappler14h
Bangko Sentral reduces banks’ reserve requirement ratio to 5%
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 ...
Inquirer on MSN4h
Bank reserves ratio going down by 200 bp
The 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 ...
GMA News Online on MSN15h
BSP reminds banks to accept unfit, mutilated currency
The Bangko Sentral ng Pilipinas (BSP) on Friday issued a reminder to all banks to accept unfit or mutilated Philippine ...