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More articles about: Bangko Sentral ng Pilipinas
After the order from BSP, GCash and Maya, the country's top e-wallets, said they would unlink from online gambling sites.
Online high-rollers should expect a tougher time placing bets and cashing out as the Bangko Sentral ng Pilipinas (BSP) ordered all electronic wallets and other financial institutions to cut ties with gambling websites.The Philippine central bank announced this in a ...
The Philippine central bank said lowering policy rates supports economic growth.
The Bangko Sentral ng Pilipinas (BSP) has lowered policy rates for the second consecutive time during its meeting last week as the government tries to bolster the economy amid external global threats and as inflation continues to ease.Lowering policy rates is ...
The BSP has said before that it took advantage of the higher prices of gold in the market to generate additional income.
In September last year, we reported that the Bangko Sentral ng Pilipinas sold the most gold worldwide for the first half of 2024. According to online brokerage aggregator Bestbrokers, the country sold nearly 25 tons between January to June, decreasing the country' ...
It showcases the Philippines' biodiversity but omits the faces of our heroes.
The "First Philippine Polymer Banknote Series" from Bangko Sentral ng Pilipinas (BSP) was officially unveiled during a ceremony in Malacañang on Wednesday, December 19, 2024.What immediately caught the public's attention was that-unlike the old paper bills that featured ...
The Philippine peso ranks sixth in the list of most counterfeited currencies based on the number of fake bank notes confiscated.
It's difficult to determine exactly how much of the world's banknotes are counterfeits, but there's no denying that counterfeiting is a global concern. In the United States alone, an estimated $70 million in counterfeit bills, or nearly a third ...
An economist also weighs in on the report that the BSP sold the most gold in the world in the first half of 2024.
The Bangko Sentral ng Pilipinas has issued a statement defending its gold-selling activities that has led to the Philippines topping the list of countries that have sold the most gold in the world for the first half of 2024. The BSP ...
The neobank is now set to officially roll out its credit card in the Philippines.
Zed, a credit-led financial technology company which has been on a sanctioned pilot for the last six months, has finally secured its license from the Bangko Sentral ng Pilipinas (BSP). This makes the company the first neobank to offer credit cards ...
The Palawan Group of Companies teams up with self-service payment kiosk operator Pay&Go.
Money remittance and pawning service The Palawan Group of Companies (PGC) has forged a partnership with Pay&Go. The collaboration means that the 24-hour self-service payment service's customers can conveniently cash in their accounts through Pay&Go's more ...
A total of 34.3 million Filipinos are still unbanked as of 2021, says BSP.
Queen Máxima of the Netherlands, concurrently the United Nations Secretary-General's Special Advocate for Inclusive Finance for Development, is not wasting any chances to help bring better financial services to more Filipinos. In her latest visit to the Philippines, she ...
LandBank is also pushing for an increase in its capital to P1 trillion to hopefully make its way into the equity market.
The Land Bank of the Philippines (LandBank) is looking at entering the debt market again to raise as much as P50 billion, banking on the expected drop in interest rates in the last quarter of the year. If successful, this would be ...
From Secretary Boying Remulla and Special Assistant Antonio Lagdameo Jr. to BSP Governor Eli Semolina Jr. and more.
The Commission on Audit (COA) released its 2023 Report on Salaries and Allowances publicly earlier this month. With it, we learn about the highest-paid government and cabinet officials under the new Marcos administration. Some familiar names here, with 12 of them ...
The Philippine peso-backed stablecoin from Coins.ph will be called PHPC.
The Philippines will soon see its first-ever stablecoin after the Bangko Sentral ng Pilipinas (BSP) gave the green light to cryptocurrency exchange Coins.ph to issue the token, which will be called PHPC.Stablecoins are a type of cryptocurrency designed to ...
With SAVii now under its belt, the Gokongwei-backed digital bank expects to boost its payroll and lending offerings.
Digital bank GoTyme has officially acquired one of the biggest salary lenders in the Philippines: SAVii. The acquisition led by JG Summit and Tyme Group, both shareholders of the Gokongwei-backed bank, is expected to scale up the rollout of payroll-enabled ...
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