MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) justified its move to sell some of the country’s gold holdings, saying it only took advantage of high market prices to allow for a ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is eyeing to make further refinements to its securities facilities as part of continued efforts to deepen market liquidity and improve ...

THE BANGKO SENTRAL ng Pilipinas (BSP) may have room for two more rate cuts this year, Metropolitan Bank & Trust Co. (Metrobank) said. “For now, we are holding on to our ‘2+1’ rate cut call (two cuts ...

“The BSP only signaled one 25-bps rate cut for the rest of 2024, showcasing that the BSP isn’t in much of a rush to loosen the monetary reins,” Dacanay said. “This has also been our long ...

According to the BSP, this “enhancement” of its rediscounting facility will allow banks to directly offer government securities (GS) and BSP securities in exchange for advances.

THE Bangko Sentral ng Pilipinas (BSP) could start cutting bank reserve requirements (RR) following last month's policy rate easing, a Metrobank economist said. "With the BSP in easing mode, we expect ...

The Bangko Sentral ng Pilipinas (BSP) is looking to cut the reserve requirement ratio, the amount of cash a bank must hold in its reserves against deposits, “substantially” this year and reduce it ...

THE BANGKO SENTRAL ng Pilipinas (BSP) wants to remove transaction fees for person-to-person electronic fund transfers and payments to small businesses, based on a draft circular. The central bank is ...

In a statement, the BSP said the rediscounting facility would be replaced by the Discount Window Facility (DWF), which will begin operations when BSP Circular 1202 dated Sept. 24 takes effect in ...

The Bangko Sentral ng Pilipinas (BSP) wants to relax the rules that banks and other financial institutions must follow when hiring external auditors, as well as expand the coverage of such ...

MANILA, Philippines — The Banko Sentral ng Pilipinas (BSP) has denied allegations that it entered into a subcontract with AllCard, Inc., the terminated national ID card supplier. “The BSP did ...

The mood outside the Bahujan Samaj Party (BSP) office appeared downbeat compared to the bustling offices of other political parties in Lucknow, the capital of Uttar Pradesh (UP) state where polls ...