PDate: 7/12/2024
Content: ​President Ferdinand R. Marcos, Jr. has appointed veteran banker Walter C. Wassmer as a member of the Bangko Sentral ng Pilipinas’ (BSP) Monetary Board (MB).The new MB Member (MBM) joins BSP Governor and MB Chairman Eli M. Rem...

PDate: 7/12/2024
Content: ​Preliminary data showed that domestic liquidity (M3) grew by 6.5 percent year-on-year to about ₱17.4 trillion in May from 5.6 percent in April. On a month-on-month seasonally-adjusted basis, M3 increased by about 1.1 percent....

PDate: 7/12/2024
Content: ​Preliminary data indicated that outstanding loans of universal and commercial banks (U/KBs), net of reverse repurchase (RRP) placements with the BSP, grew by 10.1 percent year-on-year in May from 9.6 percent in April. On a mo...

PDate: 7/12/2024
Content: ​The Bangko Sentral ng Pilipinas (BSP) warns the public to be more vigilant against scams because the use of artificial intelligence (AI) to create or manipulate fake videos and audios make them appear more believable. Pe...