banking

BSP keen on digital currency for wholesale payments

The Bangko Sentral ng Pilipinas (BSP) sees the greatest potential for a wholesale central bank…

BSP sets AI governance framework for banks

The Bangko Sentral ng Pilipinas (BSP) has released voluntary governance principles for the use of…

Banks warned vs unauthorized e-money deals

The Bangko Sentral ng Pilipinas has warned banks and other regulated financial institutions against allowing…

BSP: PH consumer confidence slumps to postpandemic low

Filipino consumers turned the most downbeat since the pandemic in the second quarter as the…

Fitch warns PH banks vs heightened risks

Underlying asset-quality risks continue to simmer in the Philippine banking sector, Fitch Ratings said, warning…

BSP defers rollout of bank reporting package

The Bangko Sentral ng Pilipinas (BSP) has pushed back the implementation of its enhanced financial…

Moody’s Ratings turns ‘negative’ on PH banks

Moody’s Ratings lowered its outlook on the Philippine banking system to “negative” from “stable,” citing…

BSP extends relief to crisis-hit banks

The Bangko Sentral ng Pilipinas (BSP) has agreed to give banks that are hit hard…

BIZ BUZZ: Another win for Chinabank

Corporate awards often end up as little more than framed certificates in the executive suite.…

BSP hikes policy rate by 25 bps to 4.75%

The Bangko Sentral ng Pilipinas (BSP) extended its tightening cycle on Thursday after hiking the…