MANILA—Credit standards for enterprise and household loans remain unchanged for the 32nd consecutive quarters as of the first quarter of 2017, the Q1 2017 Senior Bank...
MANILA–A ranking Bangko Sentral ng Pilipinas (BSP) official expects a recovery of the Philippines’ current and financial accounts in the coming months on expectations of better...
MANILA—Banks continue to shy away from the 28-day Term Deposit Facility (TDF) of the Bangko Sentral ng Pilipinas (BSP) but the seven-day facility has regained its...
MANILA—A ranking Bangko Sentral ng Pilipinas (BSP) official said the Finance department’s tax reform proposal will help ensure price stability in the country. “As you know,...
MACTAN ISLAND—Philippine and Malaysian banks that have been recognized as qualified ASEAN Banks (QABs) have received a boost to enter each other’s jurisdiction easily following Thursday’s...
MANILA–Undersubscriptions were registered for both the seven-day and 28-day term deposit facilities (TDF) of the Bangko Sentral ng Pilipinas (BSP) Wednesday. Data released by the central...
MANILA—The Bangko Sentral ng Pilipinas (BSP) on Friday reported the slight year-on-year uptick in residential real estate prices in the last quarter of 2016. However, BSP...
MANILA—Bangko Sentral ng Pilipinas-regulated remittance service providers, other than banks, are now required to post their domestic remittance fees in conspicuous places within their premises and...
MANILA—Deadline for the exchange of New Design Series (NDS) banknotes to New Generation Currencies (NGCs) has been extended again to end-June 2017 from end-March this year....
MANILA—A ranking official of the Bangko Sentral ng Pilipinas (BSP) on Wednesday assured that domestic liquidity remains high despite the decline in tenders on the central...