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BSP says online fraud cost P540 million in 2021

Sherrie Ann Torres, ABS-CBN News
Posted at Jan 17 06:53 PM

From 2020-2021, there were 42,456 complaints from victims of phishing, identity theft, malware attacks, and other types of fraud, the BSP said. Read more »

BSP eyes more incentives for banks to boost sustainable finance shift

ABS-CBN News
Updated as of Jan 17 09:55 AM

The Bangko Sentral ng Pilipinas on Monday said it was eyeing the possibility of extending more regulatory incentives for banks that "embrace" sustainable financing. Read more »

Analysts hopeful omicron surge in PH ends within 1Q

Warren de Guzman, ABS-CBN News
Posted at Jan 15 02:02 AM

The Asian Development Bank expects the Philippine economy to grow by 6 percent this year after a 5.1 percent expansion in 2021. Read more »

BSP confident of 2022 growth target despite omicron

Warren De Guzman, ABS-CBN News
Posted at Jan 13 05:40 PM

Bangko Sentral ng Pilipinas Governor Benjamin Diokno said Thursday he is confident the country could still achieve its growth target of 7 to 9 percent this year despite the recent surge in COVID-19 cases. Read more »

PH gross international reserves hit $108.9-B in December

ABS-CBN News
Posted at Jan 13 03:12 PM

The country's gross international reserves (GIR) level rose to $108.89 billion as of the end of December 2021, central bank data released Thursday showed. Read more »

BSP says unauthorized reproduction of Philippine banknotes 'prohibited'

ABS-CBN News
Posted at Jan 12 01:47 PM

The Bangko Sentral ng Pilipinas on Wednesday reminded the public that printing any image or likeness of Philippine banknotes without approval is prohibited. Read more »

FDI net inflows nearly double in Oct

ABS-CBN News
Updated as of Jan 10 10:10 PM

FDI net inflows grew 98.9 percent growth year-on-year in October to $855 million from the $430 million net inflows in the same month in 2020, the BSP said. Read more »

BSP assures public of continued banking service under Alert Level 3

ABS-CBN News
Posted at Jan 07 02:10 PM

Banking service will continue despite the tighter mobility restrictions in Metro Manila under Alert Level 3, the central bank said Friday. Read more »

BSP says waiting for right conditions to unwind stimulus

Jekki Pascual, ABS-CBN News
Posted at Jan 06 06:35 PM

The Bangko Sentral ng Pilipinas is ready to unwind its support for the country’s pandemic-battered economy when the conditions are right, Diokno said. Read more »

BSP's Diokno honored as top global central banker

ABS-CBN News
Posted at Jan 05 12:49 PM

BSP Governor Benjamin Diokno is the world's top central banker, according to a prestigious magazine owned by the Financial Times. Read more »

Inflation eases to 3.6 percent in December 2021

ABS-CBN News
Updated as of Jan 05 03:37 PM

Inflation eased to its lowest level for 2021 in December due to the slower price movements of some basic food items, the state statistics bureau said Wednesday. Read more »

Mag-ingat sa pekeng P1,000

ABS-CBN News
Posted at Jan 04 07:12 PM

Iniimbestigahan na ng Bangko Sentral ng Pilipinas ang napapabalitang pagkalat ng pekeng P1,000. Read more »

PH, Japan renew bilateral swap deal

ABS-CBN News
Posted at Jan 04 12:29 PM

The Philippines and Japan renewed an agreement which enables the 2 countries to swap their local currencies in exchange for the US dollar, the central bank said Tuesday. Read more »

Alert Level 3 in NCR seen to have 'minor' effect on economy

Jessica Fenol and Raine Musngi, ABS-CBN News
Updated as of Jan 04 12:22 PM

The recent reimposition of the stricter COVID-19 Alert Level 3 in Metro Manila could have 'minor' impact on the economy even as the DTI is estimating a P200 million loss, an economist said Tuesday. Read more »

Umano'y pagkalat ng pekeng pera iniimbestigahan

ABS-CBN News
Posted at Dec 31 08:16 PM

Patuloy na iniimbestigahan ng Bangko Sentral ng Pilipinas ang posibleng pagkalat ng pekeng P1,000 banknotes. Read more »

BSP OKs 2nd phase amendments to Foreign Currency Deposit System

ABS-CBN News
Posted at Dec 30 01:21 PM

The Bangko Sentral ng Pilipinas on Thursday said the Monetary Board approved the second phase of amendments to the foreign currency deposit system. Read more »

BSP halts InstaPay, PESONet fee hikes

ABS-CBN News
Posted at Dec 29 05:02 PM

The Bangko Sentral ng Pilipinas said Wednesday the Monetary Board has issued a moratorium on fees imposed for InstaPay and PESONet online fund transfers. Read more »

December inflation likely within 3.5 to 4.3 percent range: BSP

ABS-CBN News
Posted at Dec 29 09:54 AM

Inflation in December could settle within the 3.5 to 4.3 percent range, the Bangko Sentral ng Pilipinas said Wednesday. Read more »

BSP: National ID printing to go on during holidays

ABS-CBN News
Posted at Dec 29 09:06 AM

The BSP has mandated financial institutions and other firms to accept the national ID as ‘sufficient proof’ of identification. Read more »

BSP probes proliferation of fake P1,000 bills

Warren de Guzman, ABS-CBN News
Posted at Dec 28 07:02 PM

Victims of fake P1,000 bills came forward on Tuesday to share their experiences over the last few weeks, as the Bangko Sentral ng Pilipinas (BSP) investigates the spread of counterfeit money. Read more »