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A service for banking industry professionals · Tuesday, January 26, 2021 · 535,072,963 Articles · 3+ Million Readers
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Central Bank of the Philippines News Monitoring

  • Published on 00:33 GMT

    BSP releases P681-billion loans to banks

    The Bangko Sentral ng Pilipinas’ (BSP) total loans and advances to banks by end-November 2020 increased to P680.76 billion, or 3x more than what was reported same period in 2019. The surge in the BSP loans and advances were reported in June up to November …

    Source: Manila Bulletin - Gov't Propaganda
  • Published on Jan 25, 2021

    How to help coco farmers and why selling UCPB is good

    FINDING ANSWERS  Former Senator Atty. Joey Lina I would like to share the insights of former Agriculture Secretary Leonardo Montemayor, chairman of the Federation of Free Farmers, about the predicament of the nation’s coconut farmers who remain poor …

    Source: Manila Bulletin - Gov't Propaganda
  • Published on Jan 24, 2021

    One BPI

    SPEAKING OUT Ignacio R. Bunye During a special joint meeting last week, the  boards of Bank of the Philippine Islands (BPI) and BPI Family Savings Bank (BFSB) unanimously agreed to set into motion the strategic union of the two banks. The merger, with BPI …

    Source: Manila Bulletin - Gov't Propaganda
  • Published on Jan 23, 2021

    Economists upgrade 2021 inflation forecasts

    Economists surveyed by the Bangko Sentral ng Pilipinas (BSP) have adjusted its inflation expectation higher for 2021 but steady for 2022, while the BSP continue to communicate its intention to maintain low borrowing rates. Based on the central bank’s …

    Source: Manila Bulletin - Gov't Propaganda
  • Published on Jan 21, 2021

    House panel approves bill on cooperative banks

    In less than seven minutes, the House Committee on Banks and Financial Intermediaries has approved a measure that provides for the registration, regulation, and operation of cooperative banks. (MANILA BULLETIN FILE PHOTO) The House panel, chaired by …

    Source: Manila Bulletin - Gov't Propaganda
  • Published on Jan 21, 2021

    Banks’ lending standards unchanged in 2020

    Banks have maintained their credit or lending standards during the first pandemic year, according to a survey regularly conducted by the Bangko Sentral ng Pilipinas (BSP). Based on the BSP’s fourth quarter 2020 Senior Bank Loan Officers’ Survey (SLOS), …

    Source: Manila Bulletin - Gov't Propaganda
  • Published on Jan 20, 2021

    Graft complaint filed vs Diokno, other BSP execs for P1.75-B contract for IDs

    MANILA, Philippines—A group opposed to corruption in government has filed a complaint at the Ombudsman against officials of the Bangko Sentral ng Pilipinas (BSP), led by Governor Benjamin Diokno, for an allegedly anomalous contract with a foreign company …

    Source: Inquirer.net - Neutral
  • Published on Jan 20, 2021

    Ahong plans to give Datu Lapulapu commemorative banknote as token to quencentennial visitors

    Lapu-Lapu City Mayor Junard “Ahong” Chan shows a copy of the P5,000 commemorative banknote of Datu Lapulapu which the mayor plans to give as a token to visitors who will be attending the 500th anniversary of the Victory at Mactan this April. CDN Digital …

    Source: Cebu Daily News - Neutral
  • Published on Jan 19, 2021

    BSP launches Lapulapu commemorative banknote and medal

    QUEZON CITY, Jan. 19 (PIA)--- The Bangko Sentral ng Pilipinas (BSP), in cooperation with the National Quincentennial Committee (NQC), launched recently the 5000-Piso Lapulapu Commemorative Banknote and Medal to kick off the 99-day countdown to the 500th …

    Source: Philippines News.net - Neutral
  • Published on Jan 19, 2021

    BSP Launches P5,000 Lapu-Lapu Banknote for Mactan Victory Quincentennial

    Bangko Sentral ng Pilipinas (BSP) and Quincentennial Commemorations in the Philippines (QCP) launched the P5,000 Lapu-Lapu Banknote and medal on Monday in commemoration of the 500th anniversary of the victory of Mactan. The P5,000 banknote is the largest …

    Source: Metro Cebu News - Neutral
  • Published on Jan 18, 2021

    Bill for revival of ABS-CBN franchise referred to House committee

    IDLED Facade of ABS-CBN Broadcasting Center on Sgt. Esguerra Street in Quezon City. —EDWIN BACASMAS The House of Representatives on Monday referred a bill seeking to revive the broadcast license of media giant ABS-CBN Corp. to the committee on legislative …

    Source: Inquirer.net - Neutral
  • Published on Nov 16, 2020

    Joint Statement Of Intent On Data Connectivity Between Bangko Sentral Ng Pilipinas And The Monetary Authority Of ...

    In recognition of the importance of data connectivity in financial services, Bangko Sentral ng Pilipinas (“BSP”) and The Monetary Authority of Singapore (“MAS”) have agreed on and jointly issue the following statement of intent: 1. Introduction 1.1. BSP …

    Source: Mondovisione - Neutral
  • Published on Jan 18, 2021

    Philippines c.bank governor takes leave after medical procedure

    By Reuters Staff MANILA, Jan 18 (Reuters) - Philippine central bank governor Benjamin Diokno has taken medical leave to recover from a medical procedure to address a blood clot caused by a “minor head accident”, the Bangko Sentral ng Pilipinas (BSP) said …

    Source: Reuters - Neutral
  • Published on Jan 14, 2021

    Philippine remittances up 0.1 pct in November 2020

    MANILA, Jan. 14 (Xinhua) -- Personal remittances from overseas Filipinos grew slightly by 0.1 percent year-on-year to 2.643 billion U.S. dollars in November 2020 from 2.639 billion U.S. dollars in November 2019, the Philippine central bank said on Thursday …

    Source: Philippines News.net - Neutral
  • Published on Jan 14, 2021

    Bank lending growth drops, M3 expands to P13.7T

    Bank lending growth has declined to 0.3 percent year-on-year in November last year versus 1.8 percent in October, the Bangko Sentral ng Pilipinas (BSP) reported late Wednesday. “Bank lending growth waned during the month as the COVID-19 crisis continued to …

    Source: Manila Bulletin - Gov't Propaganda
  • Published on Jan 14, 2021

    BSP to start construction of new printing facility

    Despite being delayed by the COVID-19 pandemic, the Bangko Sentral ng Pilipinas (BSP) will pursue the construction of its 30-hectare new Currency Production Facility (CPF) in New Clark City in Capas, Tarlac this year. BSP Governor Benjamin E. Diokno, …

    Source: Manila Bulletin - Gov't Propaganda
  • Published on Jan 12, 2021

    BSP issues clarification on digital bank license

    New bank applicants that are proposing to operate business models that looked like digital banks will be approved as digital banks, according to a Bangko Sentral ng Pilipinas (BSP) memo released on Tuesday clarifying the new circular on the establishment …

    Source: Manila Bulletin - Gov't Propaganda
  • Published on Jan 12, 2021

    REUTERS NEXT-Philippine c.bank gov sees solid 2021 growth, policy support sufficient

    MANILA (Reuters) - The worst is over for the pandemic-hit Philippine economy, and a ‘remarkable rebound’ is expected this year, the central bank chief said on Tuesday, adding that the current accommodative monetary stance is sufficient for a revival in …

    Source: Reuters - Neutral
  • Published on Jan 12, 2021

    REUTERS NEXT-Philippine cenbank gov sees solid rebound for pandemic-hit economy in 2021

    By Reuters Staff FILE PHOTO: A logo of Bangko Sentral ng Pilipinas (Central Bank of the Philippines) is seen at their main building in Manila, Philippines March 23, 2016. REUTERS/Romeo RanocoMANILA (Reuters) - The worst is over for the pandemic-hit …

    Source: Reuters - Neutral
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