The Bangko Sentral ng Pilipinas (BSP) has approved the application of four big banks and one rural bank to set up 13 new regular branches or banking offices in the third quarter of 2022.
The BSP, based on a Jan. 19 circular signed by BSP Deputy Governor Chuchi G. Fonacier, also approved 82 branch
Filipino cardholders will be paying higher credit card payments after the Bangko Sentral ng Pilipinas (BSP) decide this month how much they will raise or adjust the monthly ceiling on credit card rates and finance charges from the current cap of two percent per month or 12 percent annually.
The Mo
The Bangko Sentral ng Pilipinas (BSP) is actively encouraging all banks to promote and communicate National Banking Week on Jan. 1 to 7, 2023 to the general public, especially its message on cybersecurity.
In a circular letter released on Wednesday, Dec. 28, BSP Governor Felipe M. Medalla said the
The independent Bangko Sentral ng Pilipinas (BSP) on Thursday, Dec. 22, launched its 11-point Sustainable Central Banking (SCB) Strategy, four years after issuing its first sustainability principles.
BSP Governor Felipe M. Medalla said the 11-point strategy is its own sustainability commitment tha
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