Philippine central bank cuts banks' reserve requirements, effective from late March
The Philippine central bank on Friday said it was reducing the reserve requirement ratio (RRR) for banks by 200 basis points ...
Inquirer on MSN23h
Record high: Bangko Sentral profit tops P100B
The Bangko Sentral ng Pilipinas (BSP) is set to post a record profit in 2024 after seeing its 11-month earnings grow by ...
philstar.com on MSN10h
Debt service burden hits $15.74 billion
The country’s external debt service burden went up by 14 percent to $15.74 billion from January to November last year compared to $13.81 billion in the same period in 2023 amid higher principal and ...
Philippines removed from watchdog’s ‘dirty money’ list
The Philippine government welcomed the country’s removal from a global watchdog’s dirty-money list, which could spur ...
BusinessMirror1d
BSP to cut RRR; ₱330-B funds seen unlocked
THE Bangko Sentral ng Pilipinas (BSP) is set to cut the reserve requirement ratios (RRRs) for banks and non-financial ...
Rappler1d
Bangko Sentral reduces banks’ reserve requirement ratio to 5%
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 ...
manilastandard1d
BSP tells banks to accept unfit banknotes, coins
The Bangko Sentral ng Pilipinas (BSP) on Friday reminded banks to accept unfit or mutilated Philippine banknotes and coins ...
Inquirer on MSN15h
Bank reserves ratio going down by 200 bp
The Bangko Sentral ng Pilipinas (BSP) on Friday announced another supersized cut to the reserve requirements of banks, a move that would inject P300 billion additional loanable funds into the domestic ...
manilastandard1d
BSP announces 200 bps cut in big banks’ RRR
The Bangko Sentral ng Pilipinas (BSP) said Friday it will reduce the reserve requirement ratios (RRRs) by 200 basis points ...
GMA News Online on MSN6h
Duterte accuses Marcos of 'veering towards dictatorship'
Former President Rodrigo Duterte upped his criticism of President Ferdinand Marcos Jr. on Saturday, claiming that his ...
GMA News Online on MSN2d
PH payments position hits widest deficit in over a decade
The Philippines opened the year with the widest balance of payments (BOP) deficit in 11 years, due mainly to the net foreign ...
PhilStar Global on MSN1d
BSP income hits P114 billion
The net income of the Bangko Sentral ng Pilipinas (BSP) stood at P113.6 billion from January to November last year, almost five times the P23.3 billion earned in the same period a year ago, due to ...