Tag: Bangko Sentral ng Pilipinas (BSP)
May bank loans sustain double-digit growth with monetary easing boosting liquidity
Bank lending in the Philippines continued to grow at a double-digit pace in May, sustained by lower interest rates and cuts in reserve requirements...
57% of PH retail payments now digital — BSP
More Filipinos are going cashless and transacting in e-money or digital cash as the most preferred payment for retail accounts, the Bangko Sentral ng...
PH June foreign reserves inch up to $105.3B — BSP
The Philippines’ gross international reserves (GIR) edged higher to $105.323 billion as of end-June, up slightly from $105.176 billion in May, the Bangko Sentral...
PH banks well-capitalized but need stronger surveillance system — BSP council
Philippine banks remain adequately capitalized with enough liquidity buffers, but need to strengthen surveillance and early warning systems to ensure stability amid shifting global...
STOCKS: Prices close mixed on BSP rate cut hope, caution in gaming sector
Philippine shares closed mixed on Monday, with some investors positioning for an expected central bank rate cut next month while others heeded caution about...
