Philippine central bank cuts banks' reserve requirements, effective from late March
The Philippine central bank on Friday said it was reducing the reserve requirement ratio (RRR) for banks by 200 basis points ...
Inquirer on MSN12h
Record high: Bangko Sentral profit tops P100B
The Bangko Sentral ng Pilipinas (BSP) is set to post a record profit in 2024 after seeing its 11-month earnings grow by ...
PhilStar Global on MSN22h
BSP surprises market by slashing banks’ RRR
The Bangko Sentral ng Pilipinas (BSP) surprised markets yesterday as it announced another major reduction in the amount of ...
BusinessMirror16h
BSP to cut RRR; ₱330-B funds seen unlocked
THE Bangko Sentral ng Pilipinas (BSP) is set to cut the reserve requirement ratios (RRRs) for banks and non-financial ...
Inquirer on MSN4h
Bank reserves ratio going down by 200 bp
The Bangko Sentral ng Pilipinas (BSP) on Friday announced another supersized cut to the reserve requirements of banks, a move that would inject P300 billion additional loanable funds into the domestic ...
manilastandard1d
BSP announces 200 bps cut in big banks’ RRR
The Bangko Sentral ng Pilipinas (BSP) said Friday it will reduce the reserve requirement ratios (RRRs) by 200 basis points ...
manilastandard1d
BSP tells banks to accept unfit banknotes, coins
The Bangko Sentral ng Pilipinas (BSP) on Friday reminded banks to accept unfit or mutilated Philippine banknotes and coins ...
Rappler1d
Bangko Sentral reduces banks’ reserve requirement ratio to 5%
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 ...
BusinessMirror16h
BSP 11-month net income rises 5-fold to P113.6 billion
THE Bangko Sentral ng Pilipinas (BSP) reported a P113.6-billion net income from January to November 2024, marking a nearly five-fold year-on-year increase. Preliminary data from the BSP showed its net ...
Exit from ‘Dirty Money’ list is complete; Philippines now aim to boost investment and further improve economy
The Philippine government welcomed the country's removal from a global watchdog's dirty-money list, which could spur ...
GMA News Online on MSN2d
PH payments position hits widest deficit in over a decade
The Philippines opened the year with the widest balance of payments (BOP) deficit in 11 years, due mainly to the net foreign ...