Stagflation not an immediate risk to PH economy – BSP
The Bangko Sentral ng Pilipinas (BSP) does not view ‘stagflation’ – an economic condition characterized by slow growth, high unemployment, and rising inflation – as an immediate risk to the Philippine economy.
BPI sees central bank hiking rates by 50 bps on June 23
Bank of the Philippine Islands (BPI) headed by bankero TG Limcaoco is expecting the central bank’s Monetary Board to deliver 50 basis points in rate hike on June 23 after the US Federal Reserve raised key policy rates by 75 basis points.
Central bank reconfigures gov’t securities window as part of exit measures
The Bangko Sentral ng Pilipinas (BSP) is reconfiguring its government securities purchasing window into a regular facility as part of its COVID-19 pandemic exit measures.
Big banks sustain growth, support Philippine financing requirements
Big banks operating in the Philippines sustained their growth and continued to support the country’s financing requirements, according to the Bangko Sentral ng Pilipinas (BSP).
BDO Capital recognized as PH’s Investment House of the Year for 5th Consecutive Time
A unit of BDO Unibank Inc. led by bankero Nestor Tan has bagged the Investment House of the Year Award for the 5th straight year at the Investment House Association of the Philippines (IHAP) Awards.
Ex-Tourism chief takes oath of office as new BSP Deputy Governor
Former Tourism Secretary Bernadette Romulo-Puyat took her oath of office as the fifth Deputy Governor of the Bangko Sentral ng Pilipinas (BSP).
BSP says whole-of-gov’t approach needed to protect consumers
The Bangko Sentral ng Pilipinas (BSP) is continuously advocating for a whole-of-government approach to strengthen consumer protection in the country.