Despite inflation spreading to non-food commodities, the Bangko Sentral ng Pilipinas (BSP) remains confident that inflation will fall within the government’s target range by October this year. In his speech at the Genera Membership Meeting of the Chamber of Thrift Banks (CTB) on Friday, BSP Governor Felipe M. Medalla said…
The Bangko Sentral ng Pilipinas is now expecting inflation to return within its two to four percent target by October this year, which could warrant further tightening in the coming months.
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The Bangko Sentral ng Pilipinas (BSP) has approved standardized business loan forms to improve access of micro, small and medium enterprises (MSMEs) to credit and financial products.
The BSP has recently approved BSP Circular No. 1156 for a “borrower-friendly” and borrower-centric Standard Busines