In a significant step towards enhancing agricultural financing in the Philippines, the Bangko Sentral ng Pilipinas (BSP) Research Academy and the Department of Agriculture’s (DA) Agricultural Credit Policy Council (ACPC) unveiled the key findings of the 2022 Countryside Bank Survey (CBS) report. Photo shows (front row, 7th to 9th from left) Agricultural Credit Policy Council […]
The Monetary Board has approved significant amendments to foreign exchange (FX) regulations, a strategic move by the Bangko Sentral ng Pilipinas (BSP) aimed at enhancing the accuracy and relevance of FX transaction data. In a media advisory, the BSP announced that this new initiative is expected to promote price stability and ensure robust financial oversight […]
In a significant development for the Philippine financial sector, President Ferdinand R. Marcos, Jr. has recently appointed veteran banker Walter C. Wassmer to the Bangko Sentral ng Pilipinas (BSP)’s Monetary Board (MB). President Marcos Jr. (left), and veteran banker Walter C. Wassmer (right) With a distinguished career spanning several decades, Wassmer’s expertise is set to […]
Sun Life Asia has launched its inaugural “Sun Life Asia Financial Resilience Index,” which delves into the financial behaviors and beliefs of individuals across eight markets in the region, along with the obstacles they encounter in establishing long-term financial security. The survey found that millennials in the Philippines are the most confident in meeting long-term […]
The Bangko Sentral ng Pilipinas (BSP) has been focusing on financial stability since mid-2009 and one of the ways through which the central bank was able to monitor key developments in the country’s finance sector is through the Financial Stability Report (FSR). The report provides a thematic approach and an in-depth analysis of recent developments […]
