Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla (center) watch as Pasig City Mayor Vico Sotto (left) scanned a quick response (QR) code to pay for halo-halo during the launch of the "Paleng-QR Ph Plus" in the city’s Mega Market last March 3. 

BSP, PASIG CITY LAUNCH PALENG-QR PH PLUS

The March 2023 inflation outturn of 7.6 percent is within the BSP’s forecast range of 7.4 to 8.2 percent, consistent with the overall assessment that inflation will remain elevated over the near term before gradually decelerating back to target range towards end-2023.

BSP highlights medium-term inflation path

The Philippine banking system remains safe and sound. We have shown our resilience through the pandemic, and we continue to be strong in the face of the ongoing turbulence in the global markets.

BSP statement on recent developments in the global banking system

Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla bid President Ferdinand Marcos, Jr. farewell after serving for one year under the news administration.


BSP's Medalla bids PBBM farewell; Remolona appointed as new Gov

The Monetary Board—policymaking body of Bangko Sentral ng Pilipinas—raised anew by 25 basis points the key rates to 6.25 percent for the overnight reverse repurchase rate, bringing the interest rate up to 5.75 percent for overnight deposit facility and 6.75 percent for overnight lending facility.

BSP raises policy rates anew by 25bps

Pasig city market vendors are now incentivized to accept e-payments under Paleng-QR Ph Plus with the launch today (March 3) of the program by Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla, Pasig City Mayor Vico Sotto, and Pasig Rep.Roman Romulo.

BSP launches Paleng-QR Ph. Plus in Pasig City

Bangko Sentral ng Pilipinas Governor Felipe M. Medalla (center) received the “Accountancy Centenary Award of Excellence” in a ceremony held at the Manila Hotel on March  17, 2023. 

BSP GOVERNOR MEDALLA FETED

Piggy Banks are now out of trend as Bangko Sentral ng Pilipinas (BSP), in partnership with retail giants, officiated the public presentation of Coin Deposit Machine (CoDM). 

Don't keep your coins. Spend it!

Bangko Sentral ng Pilipinas is now taking an extra step ahead in their promotion of the use of coin denominations in rendering financial obligations. 


Increase coin transactions, BSP urges

The Monetary Board has raised the interest rate on the Bangko Sentral ng Pilipinas’ (BSP) overnight reverse repurchase facility by 25 basis points to 6.25 percent. The interest rates on the overnight deposit and lending facilities were correspondingly raised to 5.75 percent and 6.75 percent, respectively, to take effect on March 27 (Monday).

New Rates take effect March 27, BSP

BSP launches Paleng-QE Ph. Plus in Pasig City

BSP GOVERNOR MEDALLA FETED Danny Querubin

Bangko Sentral ng Pilipinas

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