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.
SeaBank Philippines rebrands name to MariBank Philippines
SeaBank Philippines rebrands name to MariBank Philippines
Both the central bank and local SEC have granted approval for the corporate name change.
Philippine banks’ loans up 11.8% in July
This extends the growth in June, albeit at a slower pace, official data showed.
Philippine regulators propose enhancing NBFI monitoring framework
The council noted increasing interconnectedness of NBFIs with the financing system.
Philippine central bank eyes new rules to tackle online gambling
It will include daily limits to gambling-related transfers and time-based restrictions.
Bank of Makati joins the Philippines’ “Piso Caravan” program
There are now 141 financial institutions participating in the program, the central bank said.
Philippine central bank eyes AI rules for banks
Artificial intelligence should not diminish banks’ responsibility to uphold data privacy.
Philippine bank loans up 12.2% in February
Consumer loans to residents rose by 24.1% during the month.
PH central bank orders FIs to strengthen surveillance against vote buying
The Philippines will hold elections in May 2025.
Philippine banks expand lending by 12.2% in Dec 2024
Loans for production activities rose 10.8% during the month.
Philippine banks’ loans up 11.1% in Nov 2024
Loans to residents grew faster whilst loans to non-residents slowed.
Japan, the Philippines renew bilateral swap agreement
The size of the BSA remains unchanged: $12b for the Philippines and $500m for Japan.
PH central bank completes proof-of-concept test for wholesale CBDC
Project Agila enabled banks to transfer funds during off-business hours.
BSP underscores PH's potential as investment destination for Islamic finance
This is thanks to the country's drive for financial inclusion and robust economy amongst others.
Philippine bank loans up 10.6% in October
Consumer loans grew by 23.6% in the same month.
Philippine banking assoc unveil new interest rate swap market
The central bank expects PESO IRS to boost transactions.
Overseas Filipinos’ remittances up 3.3% to $3.2b in August
Cash remittances coursed through banks rose by 3.2% during the month.
The Philippines launch financial inclusion website
The website features the latest regulations, issuance, and initiatives from FISC agencies.
Thought Leadership Centre
Most Read
1. BofA: Firms want cross-border payments without tech headaches 2. Top companies are looking for top talent — they’re looking for CTPs 3. ANZ to lay off 3,500 staff, reduce services contractors engagement 4. Citi’s new Singapore head is first local to hold the position in 50 years 5. GXS Bank expands SME lending after Validus acquisitionResource Center
Read Here
Advertise
Sign Up
Event News
Discover how interconnected data centres are enabling banks to accelerate innovation, strengthen compliance, and achieve sustainable growth.
Commentary
Electronic trading proves its strength in times of volatility
Navigating liquidity challenges for VCs in Asia Pacific
Show, don’t tell: Asian banks need to prove simplification works – here’s how