The Philippine central bank on Friday said it was reducing the reserve requirement ratio (RRR) for banks by 200 basis points ...

The Bangko Sentral ng Pilipinas (BSP) surprised markets yesterday as it announced another major reduction in the amount of ...

The net income of the Bangko Sentral ng Pilipinas (BSP) stood at P113.6 billion from January to November last year, almost five times the P23.3 billion earned in the same period a year ago, due to ...

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) on Friday issued a reminder to all banks to accept unfit or mutilated Philippine ...

The 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.

The Bangko Sentral ng Pilipinas (BSP) on Friday announced another jumbo reduction to bank reserve requirements, a move that would help create easier liquidity conditions in ...

BANKS’ reserve requirement ratio (RRR) will be further reduced, the Bangko Sentral ng Pilipinas (BSP) said.In a statement Friday, Feb. 21, 2025, the central ban ...

The Bangko Sentral ng Pilipinas (BSP) reminds all banks to accept unfit or mutilated Philippine banknotes and coins from the public. Unfit currency should be exchanged—free of charge—for fit or clean ...

THE Bangko Sentral ng Pilipinas (BSP) reminds all banks to accept and process unfit or mutilated Philippine banknotes and coins from the public. Banks are requi ...

The balance of payments deficit reflects a drop in the government's foreign currency deposits to pay off its external debt ...

AS online fraud reaches unprecedented levels, Filipinos are reminded to stay vigilant and strengthen their digital security—a ...