Tag: Bangko Sentral ng Pilipinas

THE Bayan Muna Party-list has refiled a bill regulating fees and charges on transactions done via automated teller machines (ATM).

BANKS CONTINUED to take out loans from the central bank’s rediscount window in July, with the credit going to commercial, production and other transactions.

THE BANGKO SENTRAL ng Pilipinas (BSP) said inflation settled at the midpoint of its target band in the second quarter, driven by improved domestic food supply conditions.

MOST BANKS kept their lending criteria little changed in the second quarter, results of a central bank survey showed.

INFLATION eased in June to post its slowest reading in almost two years, the Philippine Statistics Authority (PSA) reported on Friday, giving more room for the central bank to continue loosening monetary policy.

GROSS international reserves climbed for the eighth straight month in June, the central bank reported Friday.

MONEY SUPPLY growth eased in May due to lower demand for credit, the Bangko Sentral ng Pilipinas (BSP) reported Friday.

THE Bangko Sentral ng Pilipinas (BSP) launched on Wednesday banknotes bearing the signature of central bank chief Benjamin E. Diokno.

By Mark Louis F. Ferrolino, Special Features Writer For several decades, traditional banks have held a dominant market share with little modification to their business models....

FOREIGN DIRECT investments (FDI) climbed in February on investor optimism over the country’s growth prospects and fundamentals, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.

THE COUNTRY’S economic outlook and the peso’s stability will be the key deciding factors for the Bangko Sentral ng Pilipinas (BSP) in further cutting its policy rates and reducing banks’ reserve requirement, think tank Fitch Solutions said in an analysis.

YIELDS on the one-week term deposits eased on Wednesday as the central bank lowered the volume of its facility to a record low.

INFLATION RISKS are seen “evenly balanced” this year, even with the rise in prices expected to settle firmly within the government’s target, the Bangko Sentral ng Pilipinas (BSP) said.

GROSS international reserves (GIR) rose further in March for the fifth straight month, the central bank said on Friday, enjoying a boost from higher dollar deposits and income from offshore investments.

THE BANGKO SENTRAL ng Pilipinas (BSP) has forged agreements with the central banks of Indonesia, Malaysia and Thailand as they look to set up direct settlement systems across currencies.

TERM DEPOSITS offered by the Bangko Sentral ng Pilipinas (BSP) saw mixed movements in yields this week, which comes a day ahead of a rate-setting meeting.

Delivered by then Bangko Sentral ng Pilipinas Officer-in-Charge Maria Almasara Cyd N. Tuaño-Amador on Feb. 26 My dear colleagues: News of the Governor’s passing away on...

The late Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla, Jr., who passed away last month after battling tongue cancer, practically devoted his...

When he first took office as Bangko Sentral ng Pilipinas’ (BSP) Governor in May 2017, Nestor A. Espenilla, Jr. vowed to push for general...

It is commendable to see a successful man who doesn’t only excel at work but also at home. As many remember former Bangko Sentral...

Testimonials BMAP joins the rest of the banking industry in honoring the memory of an upstanding leader, Governor Nestor Espenilla, Jr. He was Gov. Nesting...

BANGKO SENTRAL ng Pilipinas (BSP) Governor Nestor A. Espenilla, Jr. passed away on Saturday, Feb. 23. He was 60. The central bank's Corporate Affairs Office...

THE CENTRAL BANK has enough room to keep interest rates steady over the next few months, global banks said in separate reports, noting that attention has shifted to market liquidity now that inflation has slowed.

More market watchers are growing certain that the Bangko Sentral ng Pilipinas (BSP) will kick off the year with cuts to bank reserves prior to any policy rate adjustments.

THE CENTRAL BANK has slashed the amount of term deposits it will auction off this week to the lowest level in over two years due to weaker demand from banks just before the holiday season wraps up.

DEMAND for term deposits thinned this week, with the Bangko Sentral ng Pilipinas (BSP) even rejecting some offers as banks asked for higher yields than usual.

THE CENTRAL BANK may now proceed with planned cuts in bank reserves next year as inflation is sure to go down, bank analysts said.

In 2017, consumer loans in the Philippine banking system reached P1.49 trillion, up 17.3% from the P1.27 trillion worth of consumer loans recorded by...

Since taking up office as the fourth Governor of the Bangko Sentral ng Pilipinas (BSP) on July 3 last year, Nestor A. Espenilla, Jr....

Your weekly recap of BusinessWorld news.

Last May 18, BusinessWorld, the most read and most respected business newspaper in the Philippines, triumphantly staged the third edition of its annual BusinessWorld...

By Mark Louis F. Ferrolino, Special Features Writer In a trajectory of rapid improvements, buoyed by disruptive technologies, consumers are becoming more demanding and discriminating. Emerging...

CURRENT monetary policy settings remain appropriate despite some turbulence in local financial markets, the Bangko Sentral ng Pilipinas (BSP) chief said on Friday. “We have...

THE Philippines’ external payments position saw a smaller deficit in March, but first-quarter gap was still bigger than a year ago, the Bangko Sentral...

FOREIGN CURRENCY loans granted by Philippine banks went up in 2017, latest central bank data showed, with bigger credit lines extended to logistics and...

By Melissa Luz T. Lopez, Senior Reporter THERE is room to cut bank reserves further as more surplus funds are parked as term deposits, the...

THE COUNTRY’S current account deficit more than doubled in 2017 to its widest since 1999, the Bangko Sentral ng Pilipinas (BSP) said on Friday. The...

OUTSTANDING foreign debt fell to $73.1 billion at the end of 2017 from $74.763 billion a year earlier, with the share of foreign debt...

THE BANGKO SENTRAL ng Pilipinas (BSP) will not adjust its inflation target despite rebasing of the consumer price index (CPI) that takes effect this...

SOURED DEBTS held by thrift lenders grew by a tenth in 2017 to match the increase in total loans granted from a year ago,...

By Melissa Luz T. Lopez, Senior Reporter THE CENTRAL BANK will impose liquidity standards on small banks by 2019, parallel to a measure imposed on...

By Melissa Luz T. Lopez, Senior Reporter MORE MONEY circulated in the economy as of November on the back of sustained bank lending, although growth...

THE BANGKO SENTRAL ng Pilipinas (BSP) has further relaxed its foreign exchange (FX) rules by making it easier for the private sector to tap...

By Melissa Luz T. Lopez, Senior Reporter THE Bangko Sentral ng Pilipinas (BSP) expects the country’s external payments position to settle at a narrower deficit...

THE BANGKO SENTRAL ng Pilipinas’ (BSP) Monetary Board has approved a zero-percent reserve requirement on repurchase (repo) transactions ahead of the start of organized...