The Duterte administration has requested for a fresh provisional advance from the Bangko Sentral ng Pilipinas (BSP) in the amount of P540 billion. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno. (Bloomberg file photo) “The NG has requested for fresh provisional advance of P540...
The Bangko Sentral ng Pilipinas (BSP) is about to issue revised guidelines on virtual currency exchanges (VCEs) and electronic money issuers (EMIs) to plug the regulatory gaps of the existing virtual asset service providers (VASP) rules. MB File “Once issued (the revised) circular will address...
The Bangko Sentral ng Pilipinas (BSP) remains confident that the country’s external debt numbers and ratios are still at prudent and at comfortable levels despite more borrowings in the past seven months for the COVID-19 pandemic war chest. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E....
Not surprisingly, the results of both the central bank’s Business Expectation Survey (BES) and the Consumer Expectation Survey (CES) were not on the positive and optimistic side as the COVID-19 pandemic is still unresolved and most of the country’s economic centers still under quarantine...
The Bangko Sentral ng Pilipinas (BSP) is allowing trust corporations to sell and distribute unit investment trust funds (UITFs) through third parties such as individual and institutional agents. BSP Governor Benjamin E. Diokno (FILE Bloomberg) BSP Governor Benjamin E. Diokno said this policy...
The Bangko Sentral ng Pilipinas (BSP) has absorbed P1.5 trillion of liquidity from the financial system as of end-June this year and amid the worst of the community quarantine period, according to a report. This was the total outstanding amount that was siphoned off by the BSP’s liquidity...
The Bangko Sentral ng Pilipinas (BSP) will accelerate its gold purchases and will be more opportunistic in its gold trading, according to its highest-ranking official. MB File “BSP will be opportunistic, sell when gold prices are high,” said BSP Governor Benjamin E. Diokno over the weekend. He...
