Partnership for Fishers’ Financial Education Launched
The Department of Agriculture through the Bureau of Fisheries and Aquatic Resources (DA-BFAR), the Bangko Sentral ng Pilipinas (BSP), BDO
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BSP introduces digital banking framework
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has approved the recognition of digital bank as a new
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Bangko Sentral ng Pilipinas Holds Virtual Financial Education Stakeholders Expo
The Bangko Sentral ng Pilipinas (BSP) opens the 3rd Financial Education Stakeholders Expo today (November 26, 2020). The Expo, conducted for
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SEC approves financial reporting framework for banks, other financial institutions
The Securities and Exchange Commission (SEC) has approved an industry-specific framework for the preparation of the audited financial statements (AFS)
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BSP warns against online sellers of Brilliant Uncirculated 20-Piso coins
The Bangko Sentral ng Pilipinas (BSP) advises the public that it has not issued Brilliant Uncirculated 20-Piso coins. The BSP
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SEC urges capping of consumer and payday loan interest rates
The Securities and Exchange Commission (SEC) has hailed the central bank’s move to cap charges on credit card transactions, raising
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BSP sets ceiling on credit card charges
The Monetary Board approved the setting of an annual interest rate ceiling of 24 percent on all credit card transactions
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BSP expands distribution channels of trust corporations for UITFs
The Bangko Sentral ng Pilipinas‘ (BSP’s) Monetary Board approved the guidelines that will allow trust corporations to distribute their UITFs
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BSP advises consumers to practice cyber hygiene in online financial transactions
The Bangko Sentral ng Pilipinas (BSP) advises financial consumers to observe cyber hygiene when making online financial transactions. Cyber hygiene
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BSP releases more inclusive, secure banknotes
The Bangko Sentral ng Pilipinas (BSP) has launched enhanced Philippine banknotes that are more responsive to the needs of the
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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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Philippines’ overall BOP position posts US$2.43 billion surplus in May 2020; GIR level at all-time high of US$93.29
The Philippines’ overall balance of payments (BOP) position – a measure of the country’s economic transactions with the rest of
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Bangko Sentral issues its Payment System Oversight Framework
In line with the provisions of Republic Act (RA) No. 11127 or the National Payment Systems Act (NPSA), the Monetary
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Boxing Champion Manny Pacquiao’s PAC Token Set to List on Licensed Virtual Currency Exchange in the Philippines
SINGAPORE, June 30, 2020 /PRNewswire/ — Global Crypto Offering Exchange (GCOX) today announced the signing of a strategic partnership with
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The Prodigal Pre-Need Industry What Should One Consider When Buying A Pre-Need Plan
By Gerald C. Cantor, CPA, RFP graduate We have heard a lot of sad stories, of shattered dreams and of
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