The Monetary Board, the central bank’s policy-making arm, has approved to hire a new deputy governor of the Bangko Sentral ng Pilipinas (BSP) and has announced its call for candidates. The Monetary Board approved the creation of the 5th and last deputy governor position as allowed under the BSP Cha
The Bangko Sentral ng Pilipinas (BSP) is set to fill up the fifth – and last – slot for the position of deputy governor to take charge of BSP’s expanding presence across the country. Monetary Board member, Bruce J. Tolentino, said on Friday, May 13, that the new yet-to-be-named deputy governor “wil
Published April 30, 2021, 6:00 AM
The Bangko Sentral ng Pilipinas (BSP) has set up a Research Academy that will boost BSP’s readiness to handle, keep track of, and regulate digital currencies and artificial intelligence (AI).
“The BSP is looking at the implications of new technologies such as digital currencies and AI on the future of central banking, the financial system and the macroeconomy,” according to BSP Governor Benjamin E. Diokno.
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno (MB file)
Diokno, who is an economist and taught as a professor for 40 years at the University of the Philippines, said that this year until 2023, the BSP research units will cover emerging developments and challenges in central banking.