Bangko Sentral trims small banks’ reserve requirement ratio

Credit to Author: The Manila Times| Date: Thu, 23 May 2019 10:07:55 +0000

THE central bank has trimmed small banks’ reserve requirement ratio (RRR) on Thursday, with monetary authorities ordering a total of 300-basis-points (bps) reduction on the liquidity-mopping tool. “This morning, the Monetary…READ

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Net FDI inflows drop in Jan — PH central bank

Credit to Author: The Manila Times| Date: Wed, 10 Apr 2019 06:22:02 +0000

NET foreign direct investment (FDI) inflows hit a two-month low in January, also dropping from a year earlier, the Bangko Sentral ng Pilipinas (BSP) announced on Wednesday. Net inflows dropped…READ

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BSP approves 3 more virtual currency exchanges 

Credit to Author: The Manila Times| Date: Mon, 08 Apr 2019 11:14:23 +0000

THE Bangko Sentral ng Pilipinas (BSP) approved the application of three more virtual currency exchanges (VCE) to operate in the Philippines. Melchor Plabasan, officer-in-charge at the Technology Risk and Innovation…READ

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Palace: No need for new BSP chief Diokno to get CA nod

Credit to Author: CATHERINE S. VALENTE, TMT| Date: Wed, 06 Mar 2019 00:43:52 +0000

NEWLY appointed Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno doesn’t have to get the nod of the Commission on Appointments (CA) to serve his post, Malacañang clarified on Wednesday….READ

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Chorus of confidence greets Diokno as new BSP governor

Credit to Author: besguerra| Date: Tue, 05 Mar 2019 23:20:13 +0000

Chorus of confidence greets Diokno as new BSP governor

Business groups on Tuesday were surprised but welcomed Budget Secretary Benjamin Diokno’s appointment as the new governor of the Bangko Sentral ng Pilipinas (BSP), saying his long experience as a public servant and economist would be assets in his new role as guardian of the country’s monetary system.

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Diokno not off the hook in House probe on budget mess amid BSP appointment

Credit to Author: GLEE JALEA| Date: Tue, 05 Mar 2019 09:42:26 +0000

DESPITE the appointment of Budget Secretary Benjamin Diokno as the new Bangko Sentral ng Pilipinas (BSP) governor, he will still be summoned to the House of Representatives investigating his alleged involvement in…READ

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Diokno not off the hook in House probe on budget mess amid BSP appointment

Credit to Author: The Manila Times| Date: Tue, 05 Mar 2019 09:42:26 +0000

DESPITE the appointment of Budget Secretary Benjamin Diokno as the new Bangko Sentral ng Pilipinas (BSP) governor, he will still be summoned to the House of Representatives investigating his alleged involvement in…READ

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UPDATE: Duterte names Diokno BSP gov

Credit to Author: RALPH VILLANUEVA| Date: Mon, 04 Mar 2019 13:46:39 +0000

PRESIDENT Rodrigo Duterte has picked Budget Secretary Benjamin Diokno as the new Bangko Sentral ng Pilipinas (BSP) governor, a Palace official said on Monday. Diokno’s appointment was announced during the…READ

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BSP monitors Cebuana Lhuillier data breach, 900,000 clients affected

Credit to Author: The Manila Times| Date: Tue, 22 Jan 2019 06:44:37 +0000

THE Bangko Sentral ng Pilipinas (BSP) has revealed that it was monitoring the reported data breach on pawnshop and remittance firm Cebuana Lhuillier (CL). In a statement, the central bank…READ

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