BSP Coin Machines Mark 145.5 Million Coins Processed

PDate: 2/23/2024
Content: ​Monetary Board (MB) Member Benjamin E. Diokno (third from right) hands over the certificate of appreciation as a Coin Deposit Machine Project partner retailer to Robinsons Retail Holdings, Inc. (RRHI) President and Chief Exec...

BSP, PDIC Sign Revised MOA on Information Exchange

PDate: 2/21/2024
Content: ​Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. and Philippine Deposit Insurance Corporation (PDIC) President and Chief Executive Officer Roberto B. Tan shake hands after signing the BSP-PDIC Revised Memorandu...

Monetary Board Maintains Policy Settings

PDate: 2/15/2024
Content: ​At its meeting yesterday, the Monetary Board decided to keep the BSP’s Target Reverse Repurchase (RRP) Rate unchanged at 6.50 percent. Thus, the interest rates on the overnight deposit and lending facilities were kept at 6.0 ...

BSP’s Coin Deposit Campaign Bags Anvil Silver Award

PDate: 2/10/2024
Content: ​Bangko Sentral ng Pilipinas (BSP) Deputy Director Jann Ryan D. Jose (right) and Bank Officer Samantha Franchezka S. Ching (middle) received the Anvil Silver Award from the Public Relations Society of the Philippines (PRSP) on...

BSP Rediscount Rates Effective 08 February 2024

PDate: 2/7/2024
Content: ​Effective 08 February 2024, the applicable rediscount rates for the Bangko Sentral ng Pilipinas (BSP) Peso Rediscount Facility and Exporters’ Dollar and Yen Rediscount Facility are as follows:a. Peso Rediscount FacilityLoa...

January Inflation Drops Further to 2.8 Percent

PDate: 2/6/2024
Content: ​Headline inflation dropped further to 2.8 percent year-on-year in January 2024 from 3.9 percent in December 2023. This is at the low end of the BSP’s forecast range of 2.8-3.6 percent for the month and within the Government’s ...

Month-Ahead Inflation Forecast for January 2024

PDate: 1/31/2024
Content: ​The BSP projects January 2024 inflation to settle within the range of 2.8 to 3.6 percent. Higher prices of some agricultural items, like rice, meat, fruits, and fish, along with increased petroleum prices, electricity and wat...

BSP, DTI Hold Cashless Expo

PDate: 1/30/2024
Content: ​Bangko Sentral ng Pilipinas (BSP) Deputy Governor Mamerto E. Tangonan (left photo), together with Department of Trade and Industry (DTI) Undersecretary Mary Jean T. Pacheco (right photo, left), scans a quick response (QR) cod...

Banks Maintain Credit Standards in Q4 2023

PDate: 1/26/2024
Content: ​Results of the Q4 2023 Senior Bank Loan Officers’ Survey (SLOS)1  indicated that most of the respondent banks kept their credit standards generally unchanged for lending to businesses and consumers based on the modal app...

BSP Assistant Governor Ala Bags WOMANi Award Anew

PDate: 1/24/2024
Content: BSP Assistant Governor Arifa Ala (center), one of WOMANi’s “Most Influential Women in Islamic Business and Finance,” receives award from (left) Professor Humayon Dar, Chairperson of the WOMANi Programme and Director General of...

BSP Governor Joins World Economic Forum 2024

PDate: 1/23/2024
Content: ​Photos (from left) show BSP Governor Eli M. Remolona, Jr. at the World Economic Forum sessions on “Technology and Innovation in Financial Services: Balancing Promises and Risks;” “Financial Health: Key to Empowerment ...