The Bangko Sentral ng Pilipinas (BSP) has pledged to deepen financial inclusion in the Philippines to bring more Filipinos into the formal financial ...

The Bangko Sentral ng Pilipinas (BSP) has revoked the licenses of Prince Rockwell Money Changer Corporation, Kings Hopewell Group Corp. and World Reliance ...

State workers’ pension fund Government Service Insurance System (GSIS) has partnered with payment solutions provider ...

Public backlash is growing over parts of the Capital Market Efficiency Promotion Act (CMEPA), particularly provisions on ...

THE Bangko Sentral ng Pilipinas (BSP) should adopt a more accommodative stance and reduce policy rates by another 50 basis points (bps) to boost domestic demand, according to Nomura. In its Global ...

The Bangko Sentral ng Pilipinas (BSP) said it remains committed to deepening financial inclusion to ensure that more Filipinos will be onboarded to the formal financial system. The BSP made the ...

YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits edged higher on Wednesday as the offer went undersubscribed amid fresh domestic inflation concerns following the peso’s recent weakness ...

MANILA, Philippines - The Bangko Sentral ng Pilipinas (BSP) wants small lenders with hybrid virtual and traditional banking models to meet the same standards as digital banks to ensure a level ...

Enhanced guidelines on digitalization among Philippine banks will be released within the year to level the playing field, a ...

While Filipinos abroad sent home more than the $2.88 billion recorded in May 2024, it stayed flat compared to the previous month’s $2.97 billion. This brings the cumulative personal remittances from ...

The Department of Finance (DOF) made clear that interest income from bank deposits—not the savings—will be taxed at a uniform rate of 20 percent to “correct an unfair system” that favors the rich.  In ...

Philippines Central Bank joins FinTech Alliance to strengthen regulatory frameworks, enforce online gambling reforms and ...