The Bangko Sentral ng Pilipinas (BSP) on Friday announced the reduction in ... to ensure they have enough money to meet liabilities. The BSP had said that changes in reserve requirements have a ...

The Philippines opened the year with the widest balance of payments (BOP) deficit in 11 years, due mainly to the net foreign exchange operations of the Bangko Sentral ng Pilipinas (BSP) and drawdowns ...

The Bangko Sentral ng Pilipinas (BSP) said it launched the Financial Cyber Resilience Governance Council (FCRGC) to boost ...

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 ...

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 ...

Banks' reserve requirement ratio (RRR) will be further reduced, the Bangko Sentral ng Pilipinas (BSP) said. In a statement ...

Banks should accept unfit or mutilated Philippine banknotes and coins from the public, the Bangko Sentral ng Pilipinas said on Friday.

Malacañang has welcomed the country's much-awaited exit from the Financial Action Task Force (FATF) greylist, saying the ...

The reduction will bring the reserve requirement for universal and commercial banks down to 5% and will take effect in the week of March 28, the Bangko Sentral ng Pilipinas said in a statement.

CASH REMITTANCES from overseas Filipino workers (OFWs) hit an all-time high of $34.49 billion in 2024, data from the Bangko Sentral ng Pilipinas (BSP) showed. Money sent home by OFWs through banks ...

Signing the agreement are (from left) Espen Kristensen, managing director for APAC, Ria Money Transfer; Marvin Dilao, deputy director, Bangko Sentral ng Pilipinas; Dindo Santos, senior director, ...