The reduction will bring the reserve requirement for universal and commercial banks down to 5% and will take effect in the ...

The RRR is often slashed when central banks want to stimulate more economic activity, as it allows banks to have more funds available for lending ...

The Bangko Sentral ng Pilipinas (BSP) on Friday issued a reminder to all banks to accept unfit or mutilated Philippine ...

The Bangko Sentral ng Pilipinas has launched a cyber resilience body to reinforce the country’s defenses against growing ...

The Bangko Sentral ng Pilipinas (BSP) on Friday announced the reduction in banks’ reserve requirement ratios (RRR) as part of its efforts to lower the cost of financial transactions in the country.

BANKS’ reserve requirement ratio (RRR) will be further reduced, the Bangko Sentral ng Pilipinas (BSP) said.In a statement Friday, Feb. 21, 2025, the central ban ...

The Bangko Sentral ng Pilipinas (BSP) reminds all banks to accept unfit or mutilated Philippine banknotes and coins from the public. Unfit currency should be exchanged—free of charge—for fit or clean ...

The Bangko Sentral ng Pilipinas (BSP) on Friday announced another jumbo reduction to bank reserve requirements, a move that would help create easier liquidity conditions in ...

The Philippines opened 2025 with a dollar deficit that was almost as big as the shortfall seen during heightened market ...

AS online fraud reaches unprecedented levels, Filipinos are reminded to stay vigilant and strengthen their digital security—a ...

The balance of payments deficit reflects a drop in the government's foreign currency deposits to pay off its external debt ...

THE Bangko Sentral ng Pilipinas (BSP) reminds all banks to accept and process unfit or mutilated Philippine banknotes and coins from the public. Banks are requi ...