The reduction will bring the reserve requirement for universal and commercial banks down to 5% and will take effect in the ...

The country's economy could expand at a faster pace this year compared to 2024 due to the typical boost from elections, ...

The Bangko Sentral ng Pilipinas (BSP) might soon have to let go of its worries about the peso’s volatility and just move independently of the US Federal Reserve when it comes ...

THE Philippine property sector is poised for growth this year, fueled by anticipated lower interest rates and stable inflation, according to a real estate consultancy. Colliers noted that with ...

THE Bangko Sentral ng Pilipinas (BSP) could opt to pick up the pace of interest rate cuts late this year, HSBC Global ...

DIGITAL BANKS in the Philippines remained in the red in 2024 and will likely continue to post losses in the near term as they struggle to expand the reach of their credit products, a central bank ...

THE Bangko Sentral ng Pilipinas (BSP) said it uses gold sales to manage foreign exchange reserves, after the Palace rejected ...

The Bangko Sentral ng Pilipinas (BSP) said Monday it exclusively manages the country’s gross international reserves (GIR), ...

Claire Castro, the new Undersecretary and Palace Press Officer of the Presidential Communications Office, started her term ...

THE Philippine Deposit Insurance Corp. (PDIC) has swiftly disbursed P281.5 million in deposit insurance to depositors of three banks ordered closed by the Monet ...

The Philippine Deposit Insurance Corp. (PDIC) said it paid P281.5 million in deposit insurance to depositors of three banks ...

The RRR is often slashed when central banks want to stimulate more economic activity, as it allows banks to have more funds available for lending ...