Interest rate cap on unpaid credit card balance kept
The Bangko Sentral ng Pilipinas (BSP) has maintained the 2 percent per month ceiling on the interest rate on unpaid credit card balance. In a virtual
The Bangko Sentral ng Pilipinas (BSP) has maintained the 2 percent per month ceiling on the interest rate on unpaid credit card balance. In a virtual
The country’s headline inflation rate likely stayed at an over two-year high of 4.7 percent in March, the Bangko Sentral ng Pilipinas (BSP)
The Bangko Sentral ng Pilipinas (BSP) has retained its key interest rates at their record low on Thursday despite forecasting above-target average
BANGKO SENTRAL NG PILIPINAS/ALVIN I. DACANAY The country’s balance of payments (BoP) position reverted to a deficit at the start of the year after
Liquidity injected by the Bangko Sentral ng Pilipinas (BSP) meant to support the country’s economy rose to about 11.09 percent of the country’s
This April 26, 2020 file photo shows the name of the Bangko Sentral ng Pilipinas on Roxas Boulevard, Malate, Manila. PHOTO BY ENRIQUE AGCAOILI The
The Bangko Sentral ng Pilipinas (BSP) has defended its acquirer-based automated teller machine (ATM) fee charging policy, calling it “more
The Bangko Sentral ng Pilipinas (BSP) still maintained its key interest rates at their record low on Thursday despite forecasting inflation to
The country logged its highest inflation rate in two years last January, climbing to 4.2 percent on the back of higher prices of meat, particularly
Foreign portfolio investments continued to depart the country in December on the lingering impact of the coronavirus crisis, bringing net outflows
The Bangko Sentral ng Pilipinas (BSP) said on Friday the country’s headline inflation likely rose to 3.7 percent this month on higher prices of
Lenders expect credit standards on loans to businesses and households to become stricter in the first quarter as the country’s economic outlook
The country’s gross international reserves (GIR) reached a record $109.79 billion at the end of 2020 on inflows from the central bank’s
Growth in the country’s money supply and bank lending eased last November as the coronavirus pandemic continues to affect consumers and businesses,
The government’s goal to cut the country’s poverty incidence rate to 14.5 percent can be achieved if the economy rebounds considerably next year,