Philippines Bangko Sentral Cuts Rate Interest
Posted on January 2012
By Joann Santiago Banking giant HSBC lauded the 25 basis point cut in key policy rates of the Bangko Sentral…
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Federal Reserves decision to implement a loose monetary policy
Posted on August 2011
The Bangko Sentral ng Pilipinas (BSP) will have more room to consider tools other than change in policy rates following…
Read More →Banco Cooperativa de Zamboanga of the Philippines
Posted on August 2011
Banco Cooperativa de Zamboanga, the first banking institution that will cater to the needs of different cooperatives in the city,…
Read More →Bangko Sentral to Increase banks’ reserve requirement
Posted on August 2011
An official of the Hongkong and Shanghai Bank Corp. (HSBC) Philippines said the decision of monetary officials to increase banks’…
Read More →Saudi Arabia’s “Nitaqat” Program
Posted on July 2011
By Lilybeth G. Ison Some US$ 1.5 billion worth of annual remittances from overseas Filipino workers (OFWs) are at stake…
Read More →Warning from Bangko Sentral ng Pilipinas
Posted on July 2011
The misuse of banknote and coin denominations may cause imprisonment or penalties, according to the Bangko Sentral ng Pilipinas (BSP)….
Read More →Express Savings Bank Goes Bankrupt?
Posted on July 2011
Bangko Sentral ng Pilipinas’ (BSP) policy-making Monetary Board (MB) placed Laguna-based Express Savings Bank under Philippine Deposit Insurance Corp. (PDIC)…
Read More →Philippine Inflation Rate Manageable
Posted on June 2011
By Joann Villanueva The Bangko Sentral ng Pilipinas (BSP) sees manageable inflation path this and next year but it projects…
Read More →Philippines Credit Rating Upgraded by Fitch Ratings
Posted on June 2011
Philippines’ economic managers vowed continued implementation of measures targeted to further improve the domestic economic fundamentals following Thursday’s credit rating…
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