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.
Philippine central bank eyes AI rules for banks
Philippine central bank eyes AI rules for banks
Artificial intelligence should not diminish banks’ responsibility to uphold data privacy.
1 day ago
Philippine bank loans up 12.2% in February
Consumer loans to residents rose by 24.1% during the month.
1 day ago
PH central bank orders FIs to strengthen surveillance against vote buying
The Philippines will hold elections in May 2025.
6 days ago
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.
Thailand, Philippine central banks discuss AI, digital payments in bilateral meeting
They discussed the use of AI to support the central bank’s work, amongst others.
Is BSP’s cyber resilience plan the key to protecting finance in 2025?
The central bank plans to mainstream cybersecurity in schools to close the skills gap.
BSP enforces tailored cyber resilience rules for smaller institutions
The framework ensures flexibility and proportionality in cybersecurity requirements.
Philippine central bank gearing up for digital marketplace, new digital banks
Up to four new digital banks may enter the market.
Philippine central bank achieves digital retail payments target
As of 2023, 52.8% of monthly retail payments are made digitally.
Thought Leadership Centre
In Association with
Most Read
1. UOB to take legal action against Yang Kee Logistics’ ex-CEO 2. UOB unveils FDI Advisory Centre in South Korea 3. Singapore places fourth for most ‘ATMs near me’ Google searches 4. Singapore’s financial sector turns to contract hiring for cost control 5. OCBC to finance $10.9b of investments to UK growth sectorsResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Events
Event News
Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
Commentary
Why high capital levels are a double-edged sword for Singapore banks
WealthTech vs. Banks: The battle for Asia’s $700b digital wealth opportunity
Empowering Women in Finance: Securing a Future of Opportunity