Economy, News

Monetary Board maintains key interest rates amid inflation concerns, tight financial conditions

calendar_today May 22, 2024 schedule 2 min read

At its meeting held earlier this week, the Philippine Monetary Board decided to maintain the Bangko Sentral ng Pilipinas (BSP)’s Target Reverse Repurchase (RRP) Rate at 6.50 per cent. The interest rates for the overnight deposit and lending facilities will also remain unchanged at 6.0 and 7.0 per cent, respectively. Risks to the inflation outlook […]

BDO launches new online app to give customers an upgraded and better banking experience

calendar_today April 8, 2024 schedule 3 min read

When it’s time to choose a bank, you will have loads of options and offers to consider. But making a smart choice depends upon several factors and, of course, your unique needs. For those who are keen on choosing a bank based on factors like security, bank fees, interest rates, location, ease of deposit, and […]