Monetary board

Banking and Finance, News

Veteran banker’s appointment to MB seen as a big boost to ensuring PH’s financial stability

calendar_today July 15, 2024 schedule 4 min read

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. Read More...

Economy, News

Monetary Board keeps policy settings unchanged

calendar_today April 9, 2024 schedule 2 min read

The Philippine Monetary Board, at its meeting earlier this week, has decided to retain the Bangko Sentral ng Pilipinas (BSP)’s Target Reverse Repurchase (RRP) rate. Read More...

Economy, News

Latest BOP projection sees a sustained surplus in 2024, but it can pivot to a deficit position in 2025

calendar_today March 18, 2024 schedule 5 min read

More funds could soon be entering the country this 2024 but the same may probably not be maintained, leading to a possible deficit position in. Read More...

Economy, News

Monetary Board maintains policy settings in view of predicted El Niño return this year

calendar_today February 16, 2024 schedule 3 min read

Due to its location in the Pacific region, the Philippines has often experienced the adverse consequences of El Niño -- a natural climate pattern characterized. Read More...

Economy, News

Monetary Board approved US$3.32-B foreign borrowings of the public sector in Q4 of 2023

calendar_today January 24, 2024 schedule 2 min read

​For the period October to December 2023, the Philippine Monetary Board has approved seven (7) public sector medium-to-long-term (MLT) foreign borrowings totalling US$3.32 billion. The. Read More...

Banking and Finance, News

Newly-appointed Finance Secretary Recto joins PH Monetary Board as Cabinet representative

calendar_today January 22, 2024 schedule 2 min read

President Ferdinand R. Marcos, Jr. has recently designated Finance Secretary Ralph G. Recto as Cabinet representative to the Monetary Board (MB), the highest policy-making body. Read More...

Banking and Finance, News

BSP proposes minimum P3-B capitalization for Islamic banks, consultations ongoing

calendar_today July 11, 2022 schedule 4 min read

The Monetary Board, the policy-making arm of the Bangko Sentral ng Pilipinas (BSP), is proposing that capital requirements for Islamic banks be made similar to. Read More...