News

The Bangko Sentral ng Pilipinas (BSP) is all set to produce the cards for the national ID system as it printed samples on Friday. BSP Governor Benjamin Diokno inspected the machines that will print ...
MANILA, Philippines — Banks and financial institutions are being encouraged by the Bangko Sentral ng Pilipinas (BSP) to be environment friendly by reducing, reusing and recycling credit cards.
The Bangko Sentral ng Pilipinas (BSP) has terminated its contract with its supplier of cards and equipment for the Philippine Identification System (PhilSys) or National ID project for failure to ...
THE Credit Card Association of the Philippines (CCAP) said the decision of the Bangko Sentral ng Pilipinas (BSP) to maintain the interest rate ceiling on credit cards was the right call.
has terminated the contract between BSP and All Card Inc. (ACI), the supplier of Philippine Identification System (PhilSys) ID cards. MB Resolution No. 962 obtained by INQUIRER.net on Thursday ...
THE Bangko Sentral ng Pilipinas (BSP) on Tuesday announced that there will be no changes to ceilings on credit card transactions and interest rates on unpaid bills. In a statement, the BSP said ...
MANILA, Philippines — The Credit Card Association of the Philippines (CCAP) has partnered with the Bangko Sentral ng Pilipinas (BSP) to raise consumer awareness on the responsible use of credit ...
THE BANGKO SENTRAL ng Pilipinas’ (BSP) policy-setting Monetary Board has retained the ceiling rates for credit card charges to help consumers as the pandemic continues. “The retention of the ceilings ...
In the past year following the declaration of a state of calamity due to COVID-19, the Philippines has redefined its tax and regulatory landscape. In exercising its supervisory authority over banks ...
Existing regulations, particularly the Bangko Sentral ng Pilipinas (BSP) Manual of Regulation for Banks, prohibits lenders from giving out pre-approved credit cards. The BSP defines pre-approved ...
The Bangko Sentral ng Pilipinas (BSP) has terminated its contract with its supplier of cards and equipment for the Philippine Identification System (PhilSys) or National ID project for failure to ...