Tag: Bangko Sentral ng Pilipinas (BSP)
US TARIFFS UNCERTAINTY COULD HAMPER FDI INFLOWS INTO PH — ANALYSTS
Global economic uncertainty resulting from the US’ protectionist policy could hamper inflows of foreign direct investment into the Philippines, local analysts said on Sunday.
US...
BPI drives digitalization with simplified payments
Reinforcing its commitment to advancing digital financial inclusion, the Bank of the Philippine Islands (BPI) actively supported the Paleng-QR Ph program by showcasing its...
BSP cuts key rate by 25 bps to 5.5%
Monetary Board moves after Trump suspends reciprocal tariffs
THE policy-setting Monetary Board on Thursday decided to lower the Target Reverse Repurchase Rate of the Bangko...
Banks NPL ratio at 3.38% in Feb, steady from Jan, but up from yr-earlier
The gross non-performing loan (NPL) ratio of Philippine banks stood steady at 3.38 percent in February from the preceding month, but dropped from 3.44...
March foreign reserves drop to $106.2B as PH pays foreign debt
Up 2.1% from yr-earlier; BSP also intervenes to stabilize peso
The Philippines’ gross international reserves (GIR) declined to $106.2 billion at end-March from the end-February...
