More rural banks in PH consolidating operations to help strengthen their financial health
More rural banks in the Philippines are now consolidating their operations in response to the Bangko Sentral ng Pilipinas (BSP)’s…
BSP gives all types of banks in PH until June 2024 to submit their recovery plans
To restore the profitability of banks and guarantee business continuity, the Bangko Sentral ng Pilipinas (BSP) has recently advised mid-sized…
FSF intensifies collaboration towards a resilient, sustainable, and inclusive financial system in PH
The Financial Sector Forum (FSF) remains committed to intensifying efforts in building a more resilient, sustainable, and inclusive financial system…
Monetary boards in PH and Singapore bare plans to connect their respective payment systems
The Bangko Sentral ng Pilipinas (BSP) announced that the Philippines and Singapore are now intensifying their cooperation to integrate their…
BSP holds an exhibit for MSMEs as part of the AFI Global Policy Forum
The Bangko Sentral ng Pilipinas (BSP) has set up an exhibit recently showcasing local micro, small, and medium enterprises (MSMEs)…
Union Bank becomes first universal bank in PH to operate as a virtual asset service provider (VASP).
Union Bank of the Philippines announced recently that it has just secured a license from the Bangko Sentral ng Pilipinas…
UK to continue fintech alliance with PH, to work closely on reforms and sustainable financing
During a recent courtesy call to Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr., British Ambassador to the Philippines…
BSP Governor Remolona Jr. swears in two new members of the Philippine Monetary Board
Two new members of the Philippine Monetary Board have just been sworn in! Welcome Rosalia V. De Leon, former National…
BPI and Robinsons Bank to update their merger strategy
In response to the Bangko Sentral ng Pilipinas (BSP)’s feedback, the Gokongwei-owned Robinsons Bank Corp. and the Ayala-led Bank of…
BSP cites inflation targets and opportunities for investment in Islamic banking and finance sector
In a recent dialogue with the country’s top economic managers held at Doha in Qatar last September 10, entitled “PH…