BSP and payment industry hold pilot launch of QR Ph P2M

The Bangko Sentral ng Pilipinas (BSP) and the payment services industry led by the Philippine Payments Management, Inc. (PPMI) held

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BSP approves reputational risk management guidelines

The Monetary Board approved the guidelines on reputational risk management which set out the supervisory expectations for Bangko Sentral ng

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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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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 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 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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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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