bsp Archives - MoneySense Philippines

BSP and payment industry hold pilot launch of QR Ph P2M

April 30, 2021April 30, 2021 MoneySense 0 Comments AllBank, Asia United Bank, Bangko Sentral ng Pilipinas, Benjamin Diokno, bsp, BSP governor, China Banking Cororation, code standard, national QR, P2M, PayMaya, payment to merchant, Philippines, QR Ph, RCBC, Robinsons Bank, UnionBank

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

Banking Digital Banking Financial Products Lifestyle News OFWs Payments Press Release

BPI offers new digital payment options and ways to send and receive money

April 28, 2021April 28, 2021 MoneySense 0 Comments Bangko Sentral ng Pilipinas, Bank of the Philippine Islands, Bayad, bayad centers, BPI, BPI app, BPI chief digital officer, BPI Mobile, bsp, Covid-19, cybersecurity, digital banking, digital payments, egov, InstaPay, Mlhuillier, Noel Santiago, OFWs, OTP, Overseas Filipino Worker, overseas Filipinos, pay on delivery, payment, payments, Philippines, Remit to Account

The Bank of the Philippine Islands (BPI) offers new digital payment solutions to make everyday banking transactions more convenient for

MB Approves Reputational Risk Management Guidelines

Banking Government News

BSP approves reputational risk management guidelines

April 16, 2021April 16, 2021 MoneySense 0 Comments Bangko Sentral ng Pilipinas, Benjamin E Diokno, BSFIs, bsp, BSP governor, financial institutions, Monetary Board, operational risk, Philippines, reputational risk, reputational risk management, risk management, social media

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

Corporate Social Responsibility Government Press Release

Partnership for Fishers’ Financial Education Launched

February 8, 2021February 8, 2021 MoneySense 0 Comments Bangko Sentral ng Pilipinas, BDO, BDO Foundation, Benjamin Diokno, bsp, Filipino fishermen, Filipinos, fishers, Patrick Wesner, Philippines, William Dar

The Department of Agriculture through the Bureau of Fisheries and Aquatic Resources (DA-BFAR), the Bangko Sentral ng Pilipinas (BSP), BDO

Cybersecurity Deposits Digital Banking Economy Financial Products Fintech Government News Press Release Savings

BSP introduces digital banking framework

November 26, 2020November 26, 2020 MoneySense 0 Comments Bangko Sentral ng Pilipinas, Benjamin Diokno, bsp, BSP governor, cybersecurity, digital bank, digital financial ecosystem, Monetary Board, Philippines

The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has approved the recognition of digital bank as a new

BSP Financial Education Expo 2020 program

Corporate Social Responsibility Digital Banking Education Events Fintech Government News Press Release Seminars

Bangko Sentral ng Pilipinas Holds Virtual Financial Education Stakeholders Expo

November 26, 2020November 26, 2020 MoneySense 0 Comments Armed Forces of the Philippines, Bangko Sentral ng Pilipinas, bsp, Civil Service Commission, Covid-19, Department of Education, financial education, Philippine National Police, Philippines

The Bangko Sentral ng Pilipinas (BSP) opens the 3rd Financial Education Stakeholders Expo today (November 26, 2020). The Expo, conducted for

Business Finances Government News Payments Press Release Taxes

SEC approves financial reporting framework for banks, other financial institutions

November 18, 2020November 18, 2020 MoneySense 0 Comments accounting, audited financial statements, Bangko Sentral ng Pilipinas, banks, bsp, Emilio Aquino, financial institutions, financial reporting framework, financial statements, Philippines, SEC, Securities and Exchange Commission, Securities Regulation Code

The Securities and Exchange Commission (SEC) has approved an industry-specific framework for the preparation of the audited financial statements (AFS)

Government Investments News Press Release Scams

BSP warns against online sellers of Brilliant Uncirculated 20-Piso coins

October 7, 2020October 7, 2020 MoneySense 0 Comments 20-piso, Bangko Sentral ng Pilipinas, brilliant uncirculated, bsp, coins, new generation currency, online seller, peso, Philippines, piso, piso coins, scam, scammers

The Bangko Sentral ng Pilipinas (BSP) advises the public that it has not issued Brilliant Uncirculated 20-Piso coins. The BSP

SEC urges capping of consumer loan interest rates

Cards Debt Government Loans News Press Release

SEC urges capping of consumer and payday loan interest rates

October 1, 2020October 1, 2020 MoneySense 0 Comments Bangko Sentral ng Pilipinas, Benjamin Diokno, bsp, consumer loans, covid, Covid-19, credit cards, Emilio Aquino, installment, interest rates, pandemic, payday loan, Philippines, SEC, Securities and Exchange Commission

The Securities and Exchange Commission (SEC) has hailed the central bank’s move to cap charges on credit card transactions, raising

Cards Debt Government News Press Release

BSP sets ceiling on credit card charges

September 24, 2020September 24, 2020 MoneySense 0 Comments Bangko Sentral ng Pilipinas, Benjamin Diokno, bsp, credit card charges, credit card debt, credit cards, Philippines

The Monetary Board approved the setting of an annual interest rate ceiling of 24 percent on all credit card transactions

Government Investments News Press Release

BSP expands distribution channels of trust corporations for UITFs

September 23, 2020September 23, 2020 MoneySense 0 Comments Bangko Sentral ng Pilipinas, bsp, Investing, investments, Philippines, trust corporations, UITFs, unit trusts

The Bangko Sentral ng Pilipinas‘ (BSP’s) Monetary Board approved the guidelines that will allow trust corporations to distribute their UITFs

SEC MAKES PAYMENTS EASY WITH ONLINE PORTAL

Cybersecurity Digital Banking Government News Press Release

BSP advises consumers to practice cyber hygiene in online financial transactions

August 5, 2020August 5, 2020 MoneySense 0 Comments Bangko Sentral ng Pilipinas, bsp, Consumer Assistance Management Systems, covid, Covid-19, cyber hygiene, cybersecurity, digital financial services, digital literacy, online banking, pandemic, Philippines

The Bangko Sentral ng Pilipinas (BSP) advises financial consumers to observe cyber hygiene when making online financial transactions. Cyber hygiene

Government News Press Release

BSP releases more inclusive, secure banknotes

July 29, 2020July 29, 2020 MoneySense 0 Comments anti-counterfeiting, Bangko Sentral ng Pilipinas, banknote series, banknotes, banks, Benjamin Diokno, bills, bsp, notes, pesos, Philippines, security features

The Bangko Sentral ng Pilipinas (BSP) has launched enhanced Philippine banknotes that are more responsive to the needs of the

Economy Government Loans News Press Release

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

July 21, 2020July 21, 2020 MoneySense 0 Comments Bangko Sentral ng Pilipinas, banking, bsp, cooperative banks, Coronavirus, Covid-19, lending, liquidity, Philippines, reserve requirement, rural banks, thrift banks

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

Digital Banking Finances Financial Products Government Payments

Banked population is on the rise, latest BSP survey shows

July 16, 2020July 16, 2020 MoneySense 0 Comments Bangko Sentral ng Pilipinas, bank, banking, bsp, Covid-19, digital banking, digital finance, digital financial services, digital payments, DOLE, DOTR, DSWD, emoney, Filipinos, financial inclusion, fintech, InstaPay, MFI, microfinance, money, online banking, pandemic, payments, PESONet, Philippines, QR code, unbanked

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

Economy News Press Release

Philippines’ overall BOP position posts US$2.43 billion surplus in May 2020; GIR level at all-time high of US$93.29

July 1, 2020July 2, 2020 MoneySense 0 Comments balance of payments, Bangko Sentral ng Pilipinas, BOP position, bsp, FCDUs, foreign currency, GIR, gross international reserves, Philippines, portfolio investment

The Philippines’ overall balance of payments (BOP) position – a measure of the country’s economic transactions with the rest of

News Payments Press Release

Bangko Sentral issues its Payment System Oversight Framework

July 1, 2020July 2, 2020 MoneySense 0 Comments Bangko Sentral ng Pilipinas, bsp, financial regulation, national payment system, payments, Philippines, PSOF

In line with the provisions of Republic Act (RA) No. 11127 or the National Payment Systems Act (NPSA), the Monetary

SEC EMPOWERS MINORITY INVESTORS IN LISTED FIRMS TO CALL STOCKHOLDERS’ MEETINGS

Financial Products News

Boxing Champion Manny Pacquiao’s PAC Token Set to List on Licensed Virtual Currency Exchange in the Philippines

June 30, 2020June 30, 2020 MoneySense 0 Comments Bangko Sentral ng Pilippines, bsp, COEXSTAR Exchange, e-payment, e-wallet, GCOX, Global Crypto Offering Exchange, Manny Pacquiao, PAC Token Set, Philippines, virtual currency exchange, virtual urrency exchange

SINGAPORE, June 30, 2020 /PRNewswire/ — Global Crypto Offering Exchange (GCOX) today announced the signing of a strategic partnership with

Insurance Investments

The Prodigal Pre-Need Industry What Should One Consider When Buying A Pre-Need Plan

July 19, 2012July 19, 2012 moneysense 4 Comments bsp, Insurance, Insurance Commission, pre-need

By Gerald C. Cantor, CPA, RFP graduate We have heard a lot of sad stories, of shattered dreams and of