Friday, April 19, 2024

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BSP

Manila News Philippines 

E-payment transactions in PH now at 30% – BSP

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Credit to Author: Mayvelin U. Caraballo, TMT| Date: Wed, 20 Nov 2019 13:00:13 +0000

THE share of electronic payments (e-payments) to total retail payment transactions in the Philippines has exceeded the central bank’s target, according to its head. “My guess is we are already at 30 percent now,” Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said during a briefing on Wednesday. To recall, the BSP wants to increase e-payments in the country […]

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Inquirer News Philippines 

Poe panel ready to probe plan to increase ATM fees

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Credit to Author: mfrialde| Date: Thu, 15 Aug 2019 08:52:43 +0000

Grace Poe at Metro Manila traffic hearing

MANILA, Philippines — The Senate Committee on Banks, Financial Institutions and Currencies, chaired by Senator Grace Poe is ready to probe the plan to increase fees for automated teller machines (ATM) which she said would be “disadvantageous” to Filipinos. Poe has filed  Senate Resolution No. 96, seeking an inquiry on the looming increase in ATM fees.  […]

The post Poe panel ready to probe plan to increase ATM fees appeared first on Inquirer News.

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Inquirer News Philippines 

Workers slam plan to hike ATM fees

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Credit to Author: besguerra| Date: Tue, 13 Aug 2019 23:27:59 +0000

MANILA, Philippines — Workers in the government and private sectors are balking at any increase in the fee for withdrawing cash from automated teller machines (ATM) that banks are expected to implement as a result of the lifting of a six-year moratorium on fee increases. Government worker Karen said raising ATM fees was “unfair” to […]

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Manila News Philippines 

Bangko Sentral trims small banks’ reserve requirement ratio

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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

The post Bangko Sentral trims small banks’ reserve requirement ratio appeared first on The Manila Times Online.

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Inquirer News 

Comelec deposits last batch of election source codes at BSP

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Credit to Author: cbibe| Date: Thu, 02 May 2019 04:27:25 +0000

Comelec deposits last batch of election source codes at BSP

The Comelec deposited the second and last batch of source codes for the May 13 midterm elections in the Bangko Sentral ng Pilipinas (BSP).

The post Comelec deposits last batch of election source codes at BSP appeared first on Inquirer News.

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Manila News 

Economists expect 3.3% inflation for 2019 – BSP

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Credit to Author: The Manila Times| Date: Sun, 28 Apr 2019 09:31:17 +0000

ECONOMISTS see inflation settling at 3.3 percent this year, the Bangko Sentral ng Pilipinas (BSP) said in a report, higher than its 3-percent full-year forecast but still within the 2-4…READ

The post Economists expect 3.3% inflation for 2019 – BSP appeared first on The Manila Times Online.

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Manila News 

BSP approves 3 more virtual currency exchanges 

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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

The post BSP approves 3 more virtual currency exchanges  appeared first on The Manila Times Online.

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Inquirer News 

Diokno: Changes in nat’l budget after Congress OK is ‘abuse of discretion’

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Credit to Author: mfrialde| Date: Wed, 06 Mar 2019 02:12:10 +0000

If members of the House of Representatives “changed the composition” of the national budget after it has been approved by Congress

The post Diokno: Changes in nat’l budget after Congress OK is ‘abuse of discretion’ appeared first on Inquirer News.

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