Bangko Sentral ng Pilipinas
Established in 1993 pursuant to the provision of Republic Act 7653, the Bangko Sentral ng Pilipinas is the central bank of the Philippines. It is tasked with maintaining the price stability conducive to a balanced and sustainable growth of the economy and employment and promote and maintain monetary stability in the Philippines.
See below for the Latest Bangko Sentral ng Pilipinas News, Analysis, Profit Results, Share Price Information, and Commentary.
Four in five Philippine banks hold business lending rules steady in Q3
Four in five Philippine banks hold business lending rules steady in Q3
Nearly a third of lenders expect demand from companies to rise.
16 hours ago
Philippine central bank raises business transfer ceiling tenfold under Instapay
Previously, registered businesses could only transfer up to $822.6 (P50,000).
2 days ago
About one-third of Filipino borrowers use loans to pay for food
Education trailed, accounting for 15% of spending purposes.
Philippine banks hold lending standards steady in Q3
Few banks expect lending standards to ease during the period.
Three new payment services launched in the Philippines
InstaPay for Businesses increases maximum transfers to $8,144 (PHP500,000).
BSP warns public that 'Bank of Humanity' is unlicensed and unregulated
The so-called Bank of Humanity is also not registered with the SEC.
MariBank Philippines transitions to a digital bank license
It commenced operations as a digital bank on 18 July.
PH central bank inks pact to share financial data in scam probes
It has safeguards to ensure that the info shared is only used for authorized purposes, the BSP said.
BSP signs MOA to close FDI data gaps between bank and firm records
The BSP will compile official statistics using shared corporate-level information from the SEC.
BSP unveils AI rules for Philippine banks and vendors
It aims to guide FIs developing their own AI governance and risk management frameworks.
Philippine bank loans rise 12.1% in May despite softer card and auto loans
Loans for manufacturing and trade activities rose during the month.
Metrobank cuts InstaPay and PESONet fees to zero
The BSP earlier directed local banks to bring interbank transfer fees closer to zero.
Philippine central bank explores wholesale CBDC
Using it for financial securities transactions could reduce settlement risks, the BSP said.
Central bank zeros in on securities, cross-border payments for digital Philippine peso
Project Agila findings will steer wholesale CBDC strategy for financial institutions.
Philippine banks brace for more bad loans and less profit
Fitch also flagged the rapid expansion in unsecured credit card receivables.
Filipino borrowers halve since 2021 as debt aversion grows
Formal credit overtakes informal lending as seven in 10 Filipinos call loans a bad idea.
Philippine central bank revises payments framework to protect consumers
Banks and e-wallets must justify charges under the updated rules.
Commentary
The financing challenge behind Asia’s wealth transfer
Banks need to rethink identity governance for AI agents
From stablecoins to sovereignty: The rise of trust-based digital dollar systems
Indonesia’s banks need faster fraud decisions as digital payments grow
China’s leasing giants are growing up — and Asia’s banks can’t look away
Adapting to change with confidence
Asia plays part in $129t global credit market pool