Campaign against ‘sangla-ATM’ gets support
A global digital lending platform has expressed its support for the Bangko Sentral ng Pilipinas (BSP) campaign and a senator against exploitative money lending systems like the “sangla-ATM” scheme. Such …
BSP
BSP projects 5.7% to 6.5% inflation rate on June
The continued rise in oil prices and its impact on electricity rates is expected to drive mainly in June 2022 domestic inflation rate between 5.7 percent to 6.5 percent. In …
Marcos chooses Felipe Medalla as BSP gov, Benjamin Diokno as DOF chief
President-elect Ferdinand, “Bongbong” Marcos Jr., declared on Thursday that Governor Benjamin Diokno of the Bangko Sentral ng Pilipinas will lead the Department of Finance under his administration. Marcos also announced …
BSP to punish man who burned P20 paper bill in Tiktok video
The Banko Sentral ng Pilipinas (BSP) wants a netizen to be held accountable for the burning of P20 paper in a Tiktok video. In a report by Joseph Morong on …
Poe criticizes BSP’s notice on possible counterfeit money at ATMs
Senator Grace Poe said Thursday that the review of counterfeit money possibly issued by automated teller machines (ATMs) should not be passed on to the public. Poe made the statement …
BSP warns against printing image, designs of money
The Bangko Sentral ng Pilipinas (BSP) has warned that those caught printing images and designs of money, such as those who sold an envelope that looked like P1,000, could be …
BSP defends new design of P1,000 bill
The Bangko Sentral ng Pilipinas (BSP) has defended the release of a new design of the P1,000 bill that features the Philippine eagle and not the heroes Vicente Lim, Josefa …
Isko wants BSP to reconsider new design of P1,000 bill
Presidential candidate and Manila City Mayor Isko Moreno has asked the Bangko Sentral ng Pilipinas (BSP) to reconsider the new design of the P1,000 bill. Moreno said he prefers to …
BSP: P480,000 worth of counterfeit money seized in 2021
More than P480,000 worth of counterfeit money has been seized in previous operations of the Central Bank of the Philippines (BSP) in 2021. According to a statement from the BSP …
BSP orders Lyka to stop operations
Bangko Sentral ng Pilipinas has ordered popular Lyka to stop operations, Friday, July 23. According to BSP, Lyka expressed willingness to register as an operator of payment system or OPS. …
BSP governor: Philippines will be coinless by 2025
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said Wednesday the Philippines would be a coinless society by 2025. He said that by that time, small transactions would be done …
3 arrested for making counterfeit money in Sampaloc
Three people were arrested when they raided a house in Sampaloc where counterfeit money was allegedly made. According to the search warrant, the police, some members of the Bangko Sentral …
Gov’t debt payments increase in September
The national government’s debt payments increased in September after the Duterte administration paid its loan from Bangko Sentral ng Pilipinas (BSP), used for the country’s COVID-19 response. According to the …
Solon pushes for waiving online bank transfer fees until pandemic ends
A lawmaker asks the Bangko Sentral ng Pilipinas (BSP) to waive online bank transfer fees until the COVID-19 pandemic ends. In House Resolution 1271, Quezon City Representative Precious Castelo said …
BSP issues guidelines for 60-day grace period on loan payments
The Bangko Sentral ng Pilipinas (BSP) issued the guidelines on the 60-day grace period on loan payments to help Filipinos and companies strive amid the COVID-19 pandemic. BSP Governor Benjamin …
BSP orders banks to allow 60-day grace period on loan payments
The Bangko Sentral ng Pilipinas (BSP) ordered Friday all banks and financial institutions to impose a 60-day grace period on loan payments as mandated by the Bayanihan to Recover as …
BSP can lend more to gov’t under Bayanihan 2
The Bangko Sentral ng Pilipinas (BSP) can now lend more to the national government to boost its COVID-19 response under the newly signed Bayanihan 2 law. Section of the Bayanihan …
80% of senior citizens have no pension or retirement fund – Diokno
Bangko Sentral ng Pilipinas Governor Benjamin Diokno said Tuesday 80% of senior citizens in the country have no pension or retirement fund. “Based on the latest report of the Philippine …
BSP chief: Worst is over, Philippines on it’s way to economic recovery
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said the worst is over for the Philippines and now, though fragile, is on its way to economic recovery. “The worst is …
Take a look at new Philippine 20 peso coin design
Bangko Sentral ng Pilipinas (BSP) already released the new Philippine 20 peso coin design, Tuesday, December 17. The Philippine twenty-peso coin (₱20) is an upcoming denomination coin of the Philippine …