The Philippine central bank on Friday said it was reducing the reserve requirement ratio (RRR) for banks by 200 basis points ...

THE Bangko Sentral ng Pilipinas (BSP) said it uses gold sales to manage foreign exchange reserves, after the Palace rejected ...

Yields on short-dated government debt securities were mostly up for the third straight week, as “disappointment” over the ...

Total deposits in the Philippine banking system crossed the P20-trillion mark in 2024 on the back of a double-digit growth in lenders’ customer base, auguring well for the ...

The local stock market finished slightly lower yesterday as the decline in Wall Street spoiled recent positive developments ...

The Bangko Sentral ng Pilipinas' Monetary Board wants to monitor the impact of global policies on the local economy before ...

THE Philippine banking system recorded P20.373 trillion in total deposits as of the end of December 2024, according to the Bangko Sentral ng Pilipinas (BSP). Latest data from the BSP showed the ...

The Bangko Sentral ng Pilipinas (BSP) said Monday it exclusively manages the country’s gross international reserves (GIR), including gold, to ensure the ...

The Bangko Sentral ng Pilipinas (BSP) on Friday reminded banks to accept unfit or mutilated Philippine banknotes and coins ...

MANILA – The Bangko Sentral ng Pilipinas (BSP) on Monday said the country’s gross international reserves (GIR), including gold, are held and managed solely by the central bank to maintain the ...

The RRR is often slashed when central banks want to stimulate more economic activity, as it allows banks to have more funds available for lending ...

The Philippine stock market closed nearly unchanged while the peso strengthened on Monday. The Philippine Stock Exchange ...