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' Monetary Board wants to monitor the impact of global policies on the local economy before ...

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 Monday it exclusively manages the country’s gross international reserves (GIR), ...

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

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 ...

Philippine economic growth is expected to accelerate this year on the back of higher investments and consumption, an ...

The RRR is often slashed when central banks want to stimulate more economic activity, as it allows banks to have more funds available for lending ...

The devolution of certain functions of the executive branch to the local government units (LGUs) is vital in achieving ...

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