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) is set to post a record profit in 2024 after seeing its 11-month earnings grow by ...
The Philippines has been removed from the Financial Action Task Force “grey list” of countries under increased monitoring for ...
The Philippine government welcomed the country’s removal from a global watchdog’s dirty-money list, which could spur ...
THE Bangko Sentral ng Pilipinas (BSP) is set to cut the reserve requirement ratios (RRRs) for banks and non-financial ...
The Philippines is no longer on the list of countries under heavy scrutiny by the top global money laundering and terrorism ...
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 ...
The Bangko Sentral ng Pilipinas (BSP) on Friday reminded banks to accept unfit or mutilated Philippine banknotes and coins ...
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 ...
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BSP income hits P114 billion
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 Philippine government has welcomed the country’s removal from a global watchdog’s dirty-money list, which could spur ...
The Philippines opened the year with the widest balance of payments (BOP) deficit in 11 years, due mainly to the net foreign ...