The House prosecution panel has asked the Senate impeachment court to issue subpoenas directing banks to produce the bank ...
Last Friday, the Bangko Sentral ng Pilipinas, led by BSP Gov. Eli Remolona Jr., formally launched a new book titled “Risk and Resilience in the Philippine Financial System,” with former Central Bank ...
The Philippines needs to bring down its debt after pandemic spending and higher infrastructure outlays pushed government ...
The central bank is grappling with an “unusual” inflation shock following the historic ₱85 daily minimum wage hike in Metro ...
The Bangko Sentral ng Pilipinas (BSP) is delaying the selection of four new digital banking players as it seeks to reconcile ...
THE central bank envisions a payment system that embraces the “network externalities” approach as it expects more banks to follow in lowering and eliminating transfer fees to other local lenders. “We ...
AS the energy shocks are showing signs of waning, the central bank is now redirecting its focus to the impending El Niño shock, the impact of the record-high pay hike in Metro Manila, alongside the ...
RCBC joined the zero-fee wave, but its 30-transfer cap has caught the BSP's attention, with a top official saying the setup ...
Philippine banks’ bad loan ratio rose to a nine-month high in May as borrowers continued to feel the sting of inflation, slow economic growth ...
Bangko Sentral ng Pilipinas Gov. Eli Remolona Jr. expects more Philippine banks to waive interbank fund transfer fees over ...
Under the new rules, if transfers within the same bank or e-wallet are free, transfers to another bank or e-wallet should ...
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BSP: More banks to offer zero transfer fee
Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. revealed that more banks may remove money transfer fees in the ...
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