Tag: BSP
BSP maintains policy rates
After hiking key rates for nine consecutive rate setting meetings since May 2022, Philippine monetary authorities on Thursday maintained the Bangko Sentral ng Pilpinas’...
Medalla sees need for digital account holders to be vigilant
Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla said there is a need for digital account holders to be vigilant against criminals.
However, he assured that digital banking in...
BSP official hoping for stabilized food prices
A member of the Bangko Sentral ng Pilipinas' (BSP) policy-making Monetary Board (MB) has expressed hope that the prices of food and oil-related products...
BSP sees digitalizatin benefiting small firms
Digitization of the financial system benefits small businesses, among others, since they will have additional proof required in securing funding.
During the ongoing 56th Asian...
BSP sees lower inflation rate in April
Lower power rates, drop in the prices of fish and vegetables and lower liquefied petroleum gas (LPG) are expected to help decelerate inflation rate...
Money sent home by overseas Filipinos up 2.4% to $2.86B in...
Personal remittances from overseas Filipinos (OFs) rose by 2.4 percent to $2.86 billion in February 2023 from $2.79 billion recorded in the same month last...
BSP open to pausing monetary rate hikes
Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla hinted at a possible pause in the central bank’s rate-hiking cycle, citing the deceleration of the...
BSP sees March inflation at 7.4% and 8.2 percent
The easing of the prices of domestic petroleum and some food items is seen to contribute to the possible slowdown of the inflation rate...
BSP says PH banks remain strong
Domestic banks remain strong in the light of increased challenges brought by the collapse of two United States-based banks, citing their lower market risk exposure and...
BSP assures PH banking system ‘remains safe and sound’
Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla on Friday assured the public that the country’s “banking system remains safe and sound” amid the...
