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The Philippine central bank has launched a multimedia exhibit and a set of books as part of the Bangko Sentral ng Pilipinas’ 32nd anniversary.
The Bangko Sentral ng Pilipinas (BSP) said it remains committed to deepening financial inclusion to ensure that more Filipinos will be onboarded to the formal financial system. The BSP made the ...
The Bangko Sentral ng Pilipinas (BSP) has revoked the licenses of Prince Rockwell Money Changer Corporation, Kings Hopewell ...
Philippines Central Bank joins FinTech Alliance to strengthen regulatory frameworks, enforce online gambling reforms and ...
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THE Bangko Sentral ng Pilipinas (BSP) would soon release new guidelines that would expand key banking indicators and measures, including loans that worsen the climate crisis, a high-ranking ...
THE strength of a country's banking system helps define its economic development. Given the crucial role of banks, it is necessary to enact laws that will regulate and safeguard the industry. One way ...
The Bangko Sentral ng Pilipinas (BSP) signaled the possibility of more interest rate cuts this year, citing easing inflation and softer economic growth, following the government’s downward revision of ...
MANILA, Philippines—Banks should take advantage of time-bound tax exemptions and fee privileges under a new law meant to make it easier for financial institutions to cleanse their books of loans ...
THE central bank’s net earnings surged to P30.21 billion in the first five months of the year, backed by higher interest and miscellaneous income.
The proportion of bad debts held by Philippine banks slightly eased in May, albeit still at one of the highest levels this ...
Broken down, the central bank’s interest income rose by 30% to P180.64 billion from P138.87 billion. Miscellaneous income, which includes trading gains, fees, penalties, and other operating income, ...