News

Q2 2023 Domestic Claims of Other Financial Corporations Rise by 19.2 Percent Year-on-Year

PDate: 10/31/2023
Content: Based on preliminary results of the Other Financial Corporations Survey, the domestic claims of the other financial corporations rose at an accelerated pace of 19.2 percent in Q2 2023 from the 12.2 percent year-on-year growt...

News

31 Oct 2023

BSP Reminds BSFIs with InstaPay and PESONet Services to Ensure Availability and Accessibility of Customer Service During Holidays and Non-Working Days

PDate: 10/27/2023
Content: The Bangko Sentral ng Pilipinas (BSP) once again reminds BSP-Supervised Financial Institutions (BSFIs) offering PESONet and InstaPay services to ensure the availability of customer services during holidays and non-working da...

News

27 Oct 2023

What’s New in CoinStats: October Edition

CoinStats transforms for Q4! Brace yourself for a refined, redefined, and revamped experience. We're thrilled to announce exciting upgrades driven by your feedback and our dedication to continuous improvement. Here's an overview:

1. CoinStats Walle...

27 Oct 2023

BSP Rediscount Rates Effective 31 October 2023

PDate: 10/27/2023
Content: The Monetary Board on 26 October 2023 decided to take off-cycle action to raise the BSP’s Target Reverse Repurchase Rate by 25 basis points to 6.50 percent. Accordingly, the interest rates on the overnight deposit and lendin...

News

27 Oct 2023

Most Banks Kept Credit Standards Steady in Q3 2023

PDate: 10/27/2023
Content: Results of the Q3 2023 Senior Bank Loan Officers’ Survey (SLOS)1 reflected that a majority of the participating banks maintained their credit standards for loans to firms and households based on the modal approach.2&#1...

News

27 Oct 2023

Major Banks Test Blockchain, Polygon’s POL Token, and Mastercard Goes Web3

Be updated on all things crypto today with Coins ATBP., your weekly crypto news round-up.

27 Oct 2023

Discover the Redesigned Coins.ph Web Dashboard Today!

Coins.ph introduces a fresh design to its web dashboard that brings the beloved experience of the Coins mobile app to your computer.

27 Oct 2023

Foreign Investments Registered with the Bangko Sentral ng Pilipinas (BSP), through Authorized Agent Banks (AABs)*, Yield Net Outflows in September 2023

PDate: 10/26/2023
Content: Transactions on foreign investments registered with the BSP, through AABs, in September 2023 recorded net outflows of US$698 million resulting from the US$1.6 billion gross outflows and the gross inflows of US$888 million fo...

News

26 Oct 2023

Monetary Board Increases Target RRP Rate by 25 Basis Points

PDate: 10/26/2023
Content: At its regular meeting earlier today, the Monetary Board decided to take off-cycle action to raise the BSP’s Target Reverse Repurchase (RRP) Rate by 25 basis points to 6.50 percent, effective tomorrow, 27 October 2023. Accor...

News

26 Oct 2023

Residential Real Estate Prices Increase in Q2 2023

PDate: 10/26/2023
Content: Nationwide residential property prices rise by 14.1% YoY and 5.3% QoQ in Q2 2023The residential real estate prices of various types of new housing units in the Philippines rose faster in Q2 2023 by 14.1 percent year-on-year ...

News

26 Oct 2023

BSP, DTI Sign MOA on Conduct of First Cashless Expo

PDate: 10/26/2023
Content: The Bangko Sentral ng Pilipinas (BSP) and the Department of Trade and Industry (DTI) formally sealed their partnership for the conduct of the country’s first Cashless Expo.BSP Deputy Governor (DG) Mamerto E. Tangonan (i...

News

26 Oct 2023

BSP, Citi, MCPI Award Outstanding Digital Microentrepreneurs and Microfinance Institutions

PDate: 10/25/2023
Content: Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. (right photo) and officials of Citi Philippines and the Microfinance Council of the Philippines, Inc. (MCPI) led the ceremony for the 2nd Digital Financial Incl...

News

25 Oct 2023

A. Soriano Corporation celebrates golden listing anniversary

The Philippine Stock Exchange, Inc. (PSE) hosted a bell ringing ceremony for A. Soriano Corporation (ANS) to commemorate the holding firm’s 50th year as a listed company. ANS was listed at the Manila Stock Exchange and Makati Stock Exchange on October 25, 1973. ANS has interests in various industries including air transport, asset management, business process…

News

25 Oct 2023

Buy Bitcoin, Earn Bitcoin! Limited-Time Promo 🏆

BTC is on the move! Don’t miss out on this opportunity to get in. Buy Bitcoin (BTC) on Coins Pro and earn trading fee rebates of up to Php 500 worth of BTC!

24 Oct 2023

BSP Remains Steadfast in Pursuing Inflation Mandate

PDate: 10/24/2023
Content: Photo shows (from right) Monetary Board Member V. Bruce J. Tolentino, Department of Finance Chief Economic Counselor Zeno Ronald R. Abenoja, and Bangko Sentral ng Pilipinas Deputy Governor Francisco G. Dakila, Jr. during the ...

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24 Oct 2023

Reserve your UMA with Coins.ph to unlock seamless global transfers

Coins.ph will become the first platform in the Philippines to enable an easy way to send and receive funds using the Universal Money Address (UMA) standard.

23 Oct 2023

BSP and CDA Sign MOA on Cooperative Oversight

PDate: 10/23/2023
Content: Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. (third from left) and Cooperative Development Authority (CDA) Chairman and Undersecretary Joseph B. Encabo (second from left) sign the Memorandum of Agreement ...

News

23 Oct 2023

Update – Advisory on recent events and potential travel considerations

Over the last weeks, we have been closely monitoring the security and safety in Istanbul. In particular, we have been focused on how events in Israel and the Gaza Strip may impact attendee safety. We try to assess risk whenever we host an event. In th...

23 Oct 2023

Crypto Haven in Asia, Bitcoin’s Evolving Capabilities, and $130K BTC Forecast

Be updated on all things crypto today with Coins ATBP., your weekly crypto news round-up.

20 Oct 2023

BOP Posts US$414 Million Deficit in September 2023; End-September GIR Settles at US$98.1 Billion

PDate: 10/19/2023
Content: The country’s overall balance of payments (BOP) position posted a deficit of US$414 million in September 2023, lower than the US$2.3 billion BOP deficit recorded in the same month last year. The BOP deficit in September 2023...

News

19 Oct 2023

Bangko Sentral ng Pilipinas Participates in the 2023 International Monetary Fund – World Bank Group Annual Meetings in Marrakech, Morocco

PDate: 10/18/2023
Content: [First row photo: (a) Monetary Board Member V. Bruce J. Tolentino as Chair of the 54th Joint Governors’ Meeting of the WBG-IMF Southeast Asia Voting Group; Second row photo from left to right: (b) Deputy Governo...

News

18 Oct 2023

BSP’s Coin Deposit Machines Convert Millions of Idle Coins into E- Wallet Credits and Shopping Vouchers

PDate: 10/17/2023
Content: A CoDM user prepares to deposit his coins in the CoDM located in SM Mall of Asia.The Bangko Sentral ng Pilipinas (BSP) is encouraging Filipinos who have accumulated idle coins to convert these to e-wallet credits or shopping...

News

16 Oct 2023

Personal Remittances Post US$3.10 Billion in August 2023; YTD Level Rises by 2.9 Percent to US$24.01 Billion

PDate: 10/16/2023
Content: Personal remittances from Overseas Filipinos (OFs) increased by 2.8 percent to reach US$3.10 billion in August 2023 from US$3.02 billion in the same month of the previous year. The growth in personal remittances in August 20...

News

16 Oct 2023

PSE stages first LEAP Insights

Companies enrolled in the Listing Engagement and Assistance Program (LEAP) of The Philippine Stock Exchange, Inc. (PSE) attended the first LEAP Insights on October 10, 2023. LEAP Insights are sessions designed to give potential listing applicants a preview of what it entails to be a publicly listed company. The inaugural LEAP Insights session was co-hosted…

News

13 Oct 2023

Monetary Board Approved US$2.70 Billion Foreign Borrowings of the Public Sector in Q3 2023

PDate: 10/13/2023
Content: The Monetary Board (MB) approved a total of US$2.70 billion of public sector foreign borrowings in the third quarter of 2023. These are all borrowings by the Republic of the Philippines (RP) consisting of four (4) project lo...

News

13 Oct 2023

Coins.ph Pioneering Crypto Remittances, Interest Rates Jolt Market and Lightning Network Thrives

Be updated on all things crypto today with Coins ATBP., your weekly crypto news round-up.

13 Oct 2023

Coins.ph Web3 Swap: Your Gateway to Secure, Low-Cost Crypto Exchanges

Coins.ph is thrilled to introduce its latest feature, the all new Web3 swap, designed to empower you with seamless, secure, and low-fee token swaps within our app.

10 Oct 2023

USDC HODL and Earn, SEC Seeks Regulation Input, and Ethereum’s Upgrade Progress

Be updated on all things crypto today with Coins ATBP., your weekly crypto news round-up.

6 Oct 2023

PSE takes part in global bell ringing program for financial literacy

The Philippine Stock Exchange, Inc. (PSE) underscored its commitment to promote investor education by taking part in the global Ring the Bell for Financial Literacy initiative, a program of the World Federation of Exchanges (WFE). Officers of the Exchange rang the closing bell in a ceremony held on Wednesday, October 4. The Ring the Bell…

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4 Oct 2023

PSE hosts forum on Philippine capital market legislative reforms

Key legislators addressed industry stakeholders in a forum on legislative reforms for the Philippine capital market hosted by The Philippine Stock Exchange Inc. (PSE), in partnership with UBS Philippines. In attendance were House of Representatives Speaker Ferdinand Martin G. Romualdez, House Senior Deputy Majority Leader and Ilocos Norte 1st District Representative Ferdinand Alexander A. Marcos and House…

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4 Oct 2023