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Crypto for Advisors: Bitcoin’s Price

Bitcoin began to gain wider attention in the October 2023 rally when it became more clear that so-called “spot” ETFs would be approved and launched soon. The launch of 11 ETFs on Jan. 11 was a milestone for the digital asset world and broke ETF records...
Cryptocurrency

BSP Rediscount Rates Effective 18 October 2024

PDate: 10/17/2024
Content: ​The Monetary Board on 16 October 2024 decided to reduce the BSP’s Target Reverse Repurchase Rate by 25 basis points to 6.00 percent. Accordingly, the interest rates on the overnight deposit and lending facilities were set to...
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BSP Fin Lit Drive for Pinoy Workers Goes to Iloilo

PDate: 10/17/2024
Content: ​Photo shows (from left)  BSP Bank Officer Lizette O. Antonio and Deputy Director Arnel Adrian C. Salva, Bureau of Treasury Region VI Director Gary Angel S. Mana-ay, BPI Wealth Investment Advisor Maryann Julie Chan repre...
News

CoDM Collections Hit PHP1B

PDate: 10/17/2024
Content: ​Sari-sari store owner Vilma Guray deposits her coins in the Coin Deposit Machine. The Bangko Sentral ng Pilipinas (BSP) has collected more than PHP1 billion through its Coin Deposit Machines (CoDMs) as of 11 October 2024, ju...
News

Ayala Corporation raises P15B from re-issued Class B preferred shares

Ayala Corporation (AC) officially listed its Class B Series 3 preferred shares through a bell ringing ceremony held at the Philippine Stock Exchange (PSE) on Tuesday, October 15, 2024. AC raised Php 15 billion from the sale of firm offer shares and over-subscription option shares during its follow-on offering (FOO).The said shares were listed under the stock…
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