BSP maintains ceilings on credit card transactions

The Monetary Board maintained the credit card ceilings on credit card transactions under Circular No. 1098 dated 24 September 2020. 

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Compulsory use of payment reference numbers for short-term SSS loan payments starts April 1

Computer-generated payment reference numbers (PRNs) will be required for short-term loan payments starting April 1, 2021, state fund Social Security

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China Bank ends bond offer period early due to strong investor demand

China Banking Corporation (China Bank, PSE stock symbol: CHIB) closed on October 5, 2020 its fixed rate bond offering, ahead

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BSP reduces reserve requirements of thrift banks and rural and cooperative banks

Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno announced a 100-basis-point reduction in the reserve requirements of thrift banks (TBs)

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Banked population is on the rise, latest BSP survey shows

The share of Filipino adults who own an account climbed to 29% in 2019 from 23% in 2017, according to

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