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. 

Overseas Filipinos’ remittances up 3.3% to $3.2b in August

Cash remittances coursed through banks rose by 3.2% during the month.

Overseas Filipinos’ remittances up 3.3% to $3.2b in August

Cash remittances coursed through banks rose by 3.2% during the month.

The Philippines launch financial inclusion website

The website features the latest regulations, issuance, and initiatives from FISC agencies.

Thailand, Philippine central banks discuss AI, digital payments in bilateral meeting

They discussed the use of AI to support the central bank’s work, amongst others.

Is BSP’s cyber resilience plan the key to protecting finance in 2025?

The central bank plans to mainstream cybersecurity in schools to close the skills gap.

BSP enforces tailored cyber resilience rules for smaller institutions

The framework ensures flexibility and proportionality in cybersecurity requirements.

Philippine central bank achieves digital retail payments target

As of 2023, 52.8% of monthly retail payments are made digitally.

Wait and see tactics: PH central bank holds off on tightening monetary policies

However, a threat from the West makes it seem that the central bank may be overly confident.

Philippines’ BSP announces countermeasures against fake banknotes from ATMs

The banking regulator earlier warned the public of counterfeit notes from ATMs.

Philippines' central bank warns public of fake banknotes from ATMs

The public is urged to examine banknotes carefully after using a machine.

Philippine banks’ bad loans total $9.41b in November 2021

The figure is a slight improvement from October’s gross NPLs.

Philippine financial regulator mulls offline digital payment solutions

The move is part of the BSP’s Digital Payments Transformation Roadmap.

MAS, BSP ink enhanced fintech cooperative agreement

Singapore and Philippines' remittance flows totalled S$2.89b last year.

Digital payments in the Philippines reach 20.1% in 2020

The central bank said this is a substantial improvement from an estimate of 17%.

Philippines’ BSP holds interest rates at bay

The central bank, however, warns of upcoming inflation.