The reduction will bring the reserve requirement for universal and commercial banks down to 5% and will take effect in the ...

The Bangko Sentral ng Pilipinas (BSP) might soon have to let go of its worries about the peso’s volatility and just move independently of the US Federal Reserve when it comes ...

THE Bangko Sentral ng Pilipinas (BSP) could opt to pick up the pace of interest rate cuts late this year, HSBC Global ...

THE Philippine Deposit Insurance Corp. (PDIC) has swiftly disbursed P281.5 million in deposit insurance to depositors of three banks ordered closed by the Monet ...

THE Bangko Sentral ng Pilipinas (BSP) said it uses gold sales to manage foreign exchange reserves, after the Palace rejected ...

PHILIPPINE economic growth could return to target this year, an economist said, but a global trade war — its scope and magnitude in particular — arising from US protectionism could have significant ...

The Philippine Deposit Insurance Corp. (PDIC) said it paid P281.5 million in deposit insurance to depositors of three banks ...

The Bangko Sentral ng Pilipinas (BSP) said Monday it exclusively manages the country’s gross international reserves (GIR), ...

Claire Castro, the new Undersecretary and Palace Press Officer of the Presidential Communications Office, started her term ...

The Bangko Sentral ng Pilipinas (BSP) is set to post a record profit in 2024 after seeing its 11-month earnings grow by nearly five times to breach the P100-billion mark, thanks to fatter interest ...

THE Bangko Sentral ng Pilipinas (BSP) could “let the US Federal Reserve (Fed) go” and tolerate a weaker peso to pump up the economy by increasing exports, manufacturing and investment inflows and ...

THE VALUE of transactions done via InstaPay and PESONet has increased by 38.2% as of end-January, data from the Bangko Sentral ng Pilipinas (BSP) showed.