BSP governor warns of financial risks from high oil prices and interest rates
If you think high oil prices and increasing bank interest rates only concern motorists and business owners, think again! In…
Philippine bank loans surge by 9.6% in April amidst economic challenges — BSP report
Preliminary data culled from the Bangko Sentral ng Pilipinas (BSP) website revealed that the outstanding loans of universal and commercial…
City of San Fernando, Pampanga joins Paleng-QR Ph Plus program of the BSP
The City of San Fernando has officially launched the Paleng-QR Ph Plus initiative to encourage digital payment transactions across public…
BSP Governor highlights the vital role of capital market development at PH Economic Briefing
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. emphasized yesterday the crucial role of developing and deepening the…
BSP joins Queen Máxima of UNSGSA to promote inclusive finance in Rizal province
Earlier last week, a team of experts from the Bangko Sentral ng Pilipinas (BSP) joined Her Majesty Queen Máxima of…
Monetary Board maintains key interest rates amid inflation concerns, tight financial conditions
At its meeting held earlier this week, the Philippine Monetary Board decided to maintain the Bangko Sentral ng Pilipinas (BSP)’s…
PH banks expected to maintain or tighten loan standards for Q2 2024 — BSP survey
A recent survey by the Bangko Sentral ng Pilipinas (BSP) indicates that Philippine banks are likely to maintain or tighten…
PH fintech BillEase partners with AUB, integrates QRPh standard in its platform
BillEase, an on-demand consumer credit that provides financial products such as personal loans, e-wallet top-ups, prepaid load, and gaming credits,…
Laoag City launches Paleng-QR Ph Plus program to boost digital transactions
Last April 24, the City of Laoag initiated the Paleng-QR Ph Plus program to encourage digital transactions in public markets,…
BSP report says PH financial system is exhibiting resilience, supports economic recovery
The Bangko Sentral ng Pilipinas (BSP) recently issued its Report on the Philippine Financial System for the second semester of…