The BSP has also prohibited “unsolicited calls by credit card issuers requesting updated information from selected clients in order to be entitled to receive credit card as a reward for his/her ...

The Bangko Sentral ng Pilipinas (BSP) has reminded credit card issuers and their collection agents to respect the rights of their clients and to refrain from engaging in unfair collection practices.

THE BANGKO SENTRAL ng Pilipinas (BSP) will allow new credit card issuers to enter the Philippine market, as part of new rules released to implement a new law regulating the industry. In a statement, ...

BSP issues new credit card restrictions By: Paolo G. Montecillo - @inquirerdotnet Philippine Daily Inquirer / 07:45 AM August 23, 2014 ...

BSP Governor Benjamin Diokno said during an online forum that of the 23,000 concerns from the public that the central bank received in end-December 2020, about 25 percent were related to credit cards.

In a statement, the BSP said its Monetary Board decided to maintain the ceilings on credit card transactions under Circular 1098 dated September… BusinessMirror News ...

The Bangko Sentral ng Pilipinas (BSP) is tightening its watch over the credit card businesses of local banks to ensure that consumers are protected amid the increasing use of “plastic” money.

BSP said that banks and credit card issuers plan to offer more competitive credit card products and reduce operating costs through technology. “Data show that credit card business activity improved in ...