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PH shares fall as euphoria over latest RRR cut fades

ABS-CBN News
Posted at Oct 25 11:47 PM

Philippine shares falter even after the Philippine Central Bank's latest cut in Reserve Requirement Ratio for banks. Read more »

Bangko Sentral seen to pause rate cuts for 'extended period'

ABS-CBN News
Updated as of Oct 25 03:32 PM

The BSP slashed the overnight borrowing rate by a total 75 basis points, bringing it to 4 percent. The last of 3 25-point cuts was announced last Sept. 26. Read more »

Bangko Sentral cuts reserve requirement for banks by 100 basis points

ABS-CBN News
Posted at Oct 24 06:31 PM

 Bangko Sentral cuts reserve requirement for banks by 100 basis points Read more »

Bangko Sentral to continue cutting RRR in next 2 years: analyst

ABS-CBN News
Posted at Sep 30 11:51 AM

The Bangko Sentral ng Pilipinas will likely cut reserve requirement for banks in the next 2 years, in line with its long-term goal of bringing the total to single digit, an analyst said Monday.  Read more »

Bangko Sentral cuts reserve requirement for banks by another 100 basis points

ABS-CBN News
Posted at Sep 27 06:27 PM

The reserve requirement for universal and commercial banks was trimmed to 15 percent from 16 percent, thrift banks to 5 percent from 6 percent, and rural banks to 3 percent from 4 percent. Read more »

'Benign inflation' set favorable backdrop for further monetary policy easing: analyst

ABS-CBN News
Posted at Sep 27 10:16 AM

The BSP on Thursday cut interest rates for the third time this year, bringing the benchmark to 4 percent from 4.75 percent in 2018. Read more »

Diokno: Interest rate, RRR cuts may come 'sooner than later'

ABS-CBN News
Posted at Sep 13 12:08 PM

The MB last cut the overnight borrowing rate used by banks to price loans by 25 basis points last Aug. 8, after first half growth slowed to a 4-year low. The policy body has 3 more meetings left this year, on Sept. 26, Nov. 14 and Dec. 12. Read more »

Rate cuts to drive credit demand in Philippines: Moody's

ABS-CBN News
Updated as of Sep 04 10:24 AM

Cooling inflation due to lower prices of rice and oil gives the BSP room for more interest rate and RRR cuts this year. Read more »

These trailblazing global Filipino bartenders are coming home to mix up a storm

Cyrene de la Rosa
Updated as of Sep 02 11:27 AM

Bargoers will get the chance to try their world-class concoctions during the first ever Manila Cocktail Fest this September 12 to 14 Read more »

BSP has 'live' discussion on reserve requirement cut: deputy gov

ABS-CBN News
Updated as of Aug 13 10:46 AM

Governor Benjamin Diokno signaled bringing the RRR to single-digit level after the Monetary Board cut the overnight borrowing rate used by banks to price loans by 25 basis points last Thursday, said BSP Deputy Governor Francisco Dakila. Read more »

Interest rate cut seen to help 'jumpstart' growth: economist

ABS-CBN News
Posted at Aug 12 10:30 AM

Investors are expecting a 100-basis point cut in the reserve ratio requirement for banks after the BSP cut the benchmark lending rate by 25 basis points, said Security Bank chief economist Robert Dan Roces. Read more »

BSP's Diokno: Banks' reserve requirement may be cut in September

Cathy Yang, ABS-CBN News
Posted at Aug 09 03:41 PM

A cut in the RRR, which would increase liquidity in the financial system, "is always on the table," Diokno said, adding his goal was to reduce it to "single digit" by the end of his term. Read more »

Bangko Sentral has room to quicken RRR cuts: economist

ABS-CBN News
Posted at Aug 09 10:52 AM

A 2-percentage point cut in the reserve requirement for banks could help boost liquidity in the market after the delay in 2019 budget approval slowed down government spending, an analyst said Friday. Read more »

Nomura: Another interest rate cut possible if inflation further cools

ABS-CBN News
Updated as of May 31 01:07 PM

The Bangko Sentral ng Pilipinas may cut benchmark interest rates again in June if inflation eases further, an economist from Nomura Securities said Friday.    Read more »

Reserve requirement cut must follow rate reduction: HSBC

ABS-CBN News
Posted at May 10 03:10 PM

Cutting the overnight borrowing rate "is a good first step but I think it’s insufficient," HSBC Asia economist Noelan Arbis told ANC's Market Edge. Read more »

Cooling inflation, growth raise chance of cut in benchmark rate, RRR: Reuters poll

Karen Lema, Reuters
Updated as of May 06 09:52 PM

Inflation in the Philippines likely eased for a sixth straight month in April, giving the Bangko Sentral ng Pilipinas (BSP) leeway to ease monetary policy to support a slowing economy, a Reuters poll showed.  Read more »

Reserve ratio should be single digit before 2023: Diokno

Reuters
Posted at Apr 29 04:07 PM

Bangko Sentral ng Pilipinas governor Benjamin Diokno said on Monday that the country's reserve requirement ratio (RRR) for banks, currently at 18 percent, should be reduced to a single digit before his term ends in 2023.  Read more »