Bangko Sentral ng Pilipinas

Established in 1993 pursuant to the provision of Republic Act 7653, the Bangko Sentral ng Pilipinas is the central bank of the Philippines. It is tasked with maintaining the price stability conducive to a balanced and sustainable growth of the economy and employment and promote and maintain monetary stability in the Philippines.

See below for the Latest Bangko Sentral ng Pilipinas News, Analysis, Profit Results, Share Price Information, and Commentary. 

Metrobank cuts InstaPay and PESONet fees to zero

The BSP earlier directed local banks to bring interbank transfer fees closer to zero.
3 days ago

Philippine central bank explores wholesale CBDC

Using it for financial securities transactions could reduce settlement risks, the BSP said.
6 days ago

Central bank zeros in on securities, cross-border payments for digital Philippine peso

Project Agila findings will steer wholesale CBDC strategy for financial institutions.

Philippine banks brace for more bad loans and less profit

Fitch also flagged the rapid expansion in unsecured credit card receivables.

Filipino borrowers halve since 2021 as debt aversion grows

Formal credit overtakes informal lending as seven in 10 Filipinos call loans a bad idea.

Philippine central bank revises payments framework to protect consumers

Banks and e-wallets must justify charges under the updated rules.

Capital relief may push Philippine banks toward excessive risk: analyst

 BSP sees rates on a higher for longer path with further tightening likely, said CreditSights.

BSP raises salary loan repayment cap to seven years

The seven years is the maximum tenor and not a fixed loan term.

BSP approves releasable capital buffer to keep lending in downturns

The PN-CCyB designates 1.5% of banks’ CET1 as a releasable buffer.

Philippine bank lending accelerates to 10.7% in March on business demand

Consumer loans grew at a slightly slower pace on less motor vehicle and salary loans.

Philippines flags financial gaps as 48% lack emergency buffer

The majority claim financial awareness, yet many show a disconnect in capability.

BSP offers loan relief measures to ease energy price pressures

The BSP also asked FIs to temporarily suspend online banking and e-money service fees and charges.

BSP assures continued cash operations and public services on Fridays

Government officials have suggested a four-day work week to conserve energy.