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 ...

MANILA – Most banks maintained their credit standards in the fourth quarter of 2024, the Bangko Sentral ng Pilipinas (BSP) ...

Manila, Philippines – In response to the Bangko Sentral ng Pilipinas’ (BSP) press release titled Statement on AMA Bank Case issued on January 30, 2025, AMA Rural Bank of Mandaluyong ...

A central bank official expects monetary authorities would issue the country’s first digital Islamic bank license, leading to an expansion of financing activities that comply with Sharia.

BAGUIO CITY — The Philippines could see its first Islamic digital bank given interest from industry players, a senior Bangko Sentral ng Pilipinas (BSP) official said. A recent roadshow in Malaysia, ...

The Bangko Sentral ng Pilipinas (BSP) is pushing banks to adopt more advanced security measures and move away from one-time ...

Broken down, tenders for the 28-day BSP bills reached P110.309 billion, higher than the P70-billion offer and the P88.323 billion in bids for same volume auctioned off the week prior. Banks asked for ...

YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) short-term securities ended mixed on Friday as the two-month bills went undersubscribed. The central bank securities fetched bids amounting to P185.96 ...

In a statement, the BSP said inflation, as measured by the consumer price index (CPI), might have settled between 2.5 and 3.3 percent in January. The upper-limit of the central bank’s forecast ...

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 ...

The upgrading of BSP’s ATM service is the ideal product that fits the needs of many Papua New Guineans living in the rural areas and also those in the urban areas without an account and a debit bank ...