A new rural bank has emerged from the consolidation of four rural lenders following the approval of the Bangko Sentral ng Pilipinas as part of efforts to strengthen the rural banking system.

MANILA, Philippines -- The Bangko Sentral ng Pilipinas (BSP) on Thursday cut the policy rate by a quarter point, a widely expected move as inflation remains benign. The decision of the Monetary ...

MANILA, Philippines -- The Bangko Sentral ng Pilipinas (BSP) might still hit the pause button again in June despite the softer inflation print in May, according to HSBC. The bank stressed that the ...

MANILA, Philippines — A new rural bank has emerged from the consolidation of four rural lenders following the approval of the Bangko Sentral ng Pilipinas (BSP) as part of efforts to strengthen ...

Cash remittances or money transfers through banks or formal channels were recorded at $2.664 billion in April, up 4.0% from $2.562 billion the same month last year, but lower than the $2.810 billion ...

The country’s dollar reserves inched up to $105.46 billion as of end-May, driven by higher gold prices and net income from the Bangko Sentral ng Pilipinas (BSP)’s foreign investments.

Bangko Sentral ng Pilipinas cut its benchmark overnight reverse repurchase rate by 25 basis points to 5.25%, its second reduction so far this year. Photo: Lisa Marie David/Bloomberg News ...

Manila: The Bangko Sentral ng Pilipinas (BSP) said Friday preliminary data showed that the country's gross international reserves (GIR) rose to $105.5 billion as of end-May from $105.3 billion in ...

Manila: The Bangko Sentral ng Pilipinas (BSP) reported that the country's Gross International Reserves (GIR) stood at $105.2 billion in May 2025, reflecting a slight decline from $105.3 billion in ...

THE peso fell for a fourth straight day on Thursday and returned to the P57:$1 level as investors remained spooked by tensions in the Middle East and despite as-expected policy decisions by the Bangko ...