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 ...

The Bangko Sentral ng Pilipinas (BSP) is reviewing applications from prospective digital banks seeking to operate in the Philippines starting this year. “We’re going to allow four more digital banks ...

The party spent Rs 93.71 lakh on publishing the criminal antecedents of its candidates in Jharkhand, while Rs 1.23 crore was spent on the aircraft and helicopter charges for Mayawati to campaign in ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is studying the possibility of having consumers pay subscription fees to operators of digital payment platforms instead of charging ...

MANILA, Philippines — Despite the series of rate cuts it delivered last year, the Bangko Sentral ng Pilipinas (BSP) said monetary policy remains restrictive, leaving room for more easing this year.

Bangko Sentral ng Pilipinas (BSP) Senior Assistant Governor Iluminada Sicat, BSP Governor Eli Remolona Jr. and BSP Deputy Governor Francisco Dakila Jr. speak to reporters at a news conference in ...

The Bangko Sentral ng Pilipinas (BSP) Monetary Board is expected to further reduce the target reverse repurchase (RRP) rate, or policy rate, by 25 basis points (bps) next month amid market ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is optimistic about the country’s growth prospects this year, driven by lower inflation, strong domestic spending, lower borrowing ...

EMIs are BSP Supervised Financial Institutions (BSFIs) that offers payment services and engage in e-money business in the Philippines. They are classified as EMI-Banks and EMI-NBFI, which includes ...

With inflation within the target range for 2024 and projected to remain so in 2025, economists polled by the Manila Bulletin expect the Bangko Sentral ng Pilipinas (BSP) to continue reducing key ...

A MAXIMUM of 10 digital banks will now be allowed to operate in the Philippines as a result of the lifting of the Bangko Sentral ng Pilipinas (BSP) moratorium on the establishment of these banks.

THE BANGKO SENTRAL ng Pilipinas (BSP) lowered its key rate for a third straight meeting on Thursday but signaled the possibility of fewer cuts in 2025. The Monetary Board on Wednesday reduced the ...