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 ...
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BoP shortfall widest in 11 years
THE country's balance of payments (BoP) stayed in deficit in January with the gap the widest in 11 years, the Bangko Sentral ng Pilipinas (BSP) reported on Thursday. The $4.1-billion shortfall, which ...
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‘Obsolete’ OTPs? Bangko Sentral urges shift to more secure authentication methods
MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) urges banks to upgrade their authentication methods as one-time passwords (OTP) may become obsolete in the future. Play Video In an ...
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BSP expected to cut banks’ reserve ratio
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is likely to push ahead with a planned 200-basis-point (bp) cut in banks’ reserve requirement ratio (RRR) as early as April ...
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OFW remittances hit all-time high of $38.3B
MONEY sent home by overseas Filipino workers (OFWs) hit a record $3.73 billion in December, the Bangko Sentral ng Pilipinas (BSP) reported on Monday, bringing the full-year total to an all-time high ...
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Bangko Sentral plans 200-bps cut in banks’ reserve ratio, 50-bps policy rate drop
The RRR is a monetary policy tool which regulates the amount of reserves commercial banks must hold against their deposits MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) may cut the ...
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Bangko Sentral keeps rates steady amid 'uncertainty'
This was in contrast to analysts' expectations for the central bank to cut rates by another 25 basis points amid easing inflation and slowing economic growth.
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Shares down ahead of BSP rate decision
MANILA, Philippines — Investors stayed on the sidelines ahead of the policy meeting of the Bangko Sentral ng Pilipinas later this week. The benchmark Philippine Stock Exchange index fell by 1.92 ...
Philippine Daily Inquirer20d
BSP: 4 firms interested in digital banking license
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) said there are two foreign banks that have expressed interest in joining the country’s digital banking space. Meanwhile, two more ...
Philippine Daily Inquirer20d
BSP eyes shift away from OTPs to fight fraud
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) wants financial firms to eventually move away from one-time passwords (OTP) and instead adopt a more secure and sophisticated method ...
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Philippines Consumer Price Index (CPI) MoM
Philippines' annual inflation eases for 2nd straight month in June By Reuters - Jul 04, 2017 MANILA (Reuters ... on Wednesday.In a report, Bangko Sentral ng Pilipinas said that Philippines ...