As stock market investors await rate cuts by the Bangko Sentral ng Pilipinas (BSP), banks are generating better interest earnings.

Delayed BSP rate cuts benefiting banks

Earnings of Philippine banks may experience moderation over the next two years as net interest margins are expected to decline, driven by anticipated cuts in policy rates, according to S&P Global Ratings.

PH banks report earnings decline

The Bangko Sentral ng Pilipinas has spent nearly P6 billion for the production abroad of polymer bank notes in P1,000; P500; P100 and P50 denominations, which also erased the memories of heroes who have shed their blood and lives for the independence and integrity of the country.


The huge cost of erasing heroes from our money

Despite the rosy projections for economic growth that government economists have been telling investors and businesses, the reality is the Bangko Sentral ng Pilipinas (BSP) may have a bigger influence on the economy’s fate this year and beyond.

BSP holds key to economy’s fate this year and beyond

Following the visit last May of Queen Maxima of the Netherlands, special advocate of the UN Secretary General for Inclusive Finance for Development, the Bangko Sentral ng Pilipinas (BSP) is exploring the use of Open Finance, measuring financial health, collecting data on the pricing of digital payments and supporting a legislative measure on internet access.

'Open Finance' for greater financial inclusion

The Bangko Sentral ng Pilipinas (BSP) has brought its “Piso Caravan” to Tacloban City, as it continued its campaign to replace mutilated banknotes and coins.

BSP urges Leyteños to replace worn-out currency

But PH got the least share

Of the $1.34 trillion direct investments in 2023 in the Asia Pacific region, the Philippines received the least share of these monies.

FDIs soars in AsPac region

The Bangko Sentral ng Pilipinas (BSP) said it is on track with the study and testing of its central bank digital currency – the first in the world – which it estimates to be ready for adoption in late 2029.

BSP to launch digital currency by 2029

Even as inflation receded somewhat in the past months, there's still no room for jubilation as inflation risks are tilted upwards and this could be pushed by heavy demand for food in the holidays ahead, the declining food production from recent storms and the El Niño earlier this year and global food prices remain unstable, mainly looking upward.

Don’t rejoice yet over low inflation

The Bangko Sentral ng Pilipinas (BSP) would certainly do bank users, especially micro merchants using digital banking, a lot of good by removing transaction fees for fund transfers, balance inquiries and printing of transaction receipts, deposit or withdrawals over the counter for amounts below P59,000.

Bangko Sentral ng Pilipinas

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