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BSP to issue 158 M polymer banknotes this year

The Bangko Sentral ng Pilipinas (BSP) will circulate the next batch of P1,000 polymer banknotes in September to complete a planned issuance of 158.4 million pieces this year. “The next tranches of the polymer banknotes are expected to be issued starting September 2022 until April 2023. An estimated

Banking groups hope incoming administration can address economic risks, industry concerns

Banking groups hope incoming administration can address economic risks, industry concerns
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Bankers laud peaceful and orderly election – Manila Bulletin

The country’s big banks on Thursday, May 12, expressed their relief of the “generally peaceful and orderly” national elections last Monday. Bankers Association of the Philippines (BAP) President Antonio C. Moncupa Jr. said in a statement that the organization also congratulates presumptive presiden

Bankers brace for a tougher 2022

The Bankers Association of the Philippines (BAP) has a more positive industry outlook for 2022 despite lingering pandemic-related obstacles and the challenges of a recovering global and local economy, geopolitical tensions and a new Philippine president by mid-year. Bankers Association of the Phi

Bankers Association PHL elects new set of officers

THE Bankers Association of the Philippines (BAP) announced that it had elected its new set of officers earlier this month, with EastWest Banking Corp. President and CEO Antonio C. Moncupa Jr. as the organization’s new head. The association also elected the following executives as officers: Land Bank of the Philippines…

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