MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) will double down on its efforts to promote digital payments in the country by eventually weaning the country from its dependence on ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) said there are two foreign banks that have expressed interest in joining the country’s digital banking space. Meanwhile, two more ...

THE BANGKO SENTRAL ng Pilipinas (BSP) is seeking to veer away from the use of one-time passwords (OTPs) in favor of more secure and advanced authentication methods. “Our objective is to make it future ...

BAGUIO CITY — Monetary authorities could cut interest rates by just 50 basis points (bps) this year given lingering inflation risks, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said on ...

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The Bangko Sentral ng Pilipinas (BSP) has reduced the rates on its discount window facility (DWF) for the month of February, consistent with the central bank’s gradual monetary policy easing.

Based on BSP data, the unrealized gains, which under the BSP law is referred to as revaluation of foreign currency accounts, are 60 percent higher compared to the same period in 2023 of ₱756.1 billion ...

BSP chief executive officer Mark Robinson said BSP is doing everything it can to groove convenience and access to customers banking with BSP. “There is more the bank will do to making banking easier ...

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