DIGITAL payments continued to gain ground in the Philippines in 2024, with more than half of monthly retail transactions now conducted electronically, according ...

Based on the latest BSP data, profit of banks operating in the Philippines rose by 6.4 percent to P290.1 billion from January to September 2024 compared to the previous year’s P272.6 billion.

BSP building and logo/Reuters The BSP in its present form was established on July 3, 1993. Including the years as Central Bank of the Philippines (CBP), the central bank has been operating for 73 ...

FINTECH BSP-issued digital currencies likely by 2029 in Philippines A logo of the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) is seen at their headquarters in Manila, Philippines ...

SAN FERNANDO CITY, La Union — The Bangko Sentral ng Pilipinas (BSP) is promoting financial inclusion for vulnerable sectors through digitalization, focusing on services that meet individual needs. The ...

According to the BSP, its Consumer Expectation Survey conducted in the first quarter of the year found that 61.3% of respondents supported the overall initiative of Philippine banknotes polymerization ...