Posts Tagged Bangko Sentral ng Pilipinas

P20 coins now ready for 2020 — BSP

Marje Pelayo   •   December 31, 2019

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) has announced that P20 coins are ready for circulation come January 1, 2020. The newest addition in the BSP’s coin series...

BSP warns of fake P1,000 bills circulating in CamSur

Marje Pelayo   •   December 18, 2019

CAMARINES SUR, Philippines – Police authorities in the municipality of Goa are tracking the source of fake banknotes circulating in the markets there. This was after several sari-sari stores complained...

BSP releases new P20, enhanced P5 coins

Robie de Guzman   •   December 17, 2019

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) on Tuesday released the new P20 coin that would gradually replace the P20 New Generation Currency (NGC) banknotes. In a statement,...

BSP eases lending process for overseas Filipino workers

Robie de Guzman   •   December 3, 2019

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) announced it has enhanced the guidelines on the granting of consumer loans for overseas Filipino workers (OFW) in order to facilitate...

BSP to adopt National QR Code standard for payments

Marje Pelayo   •   October 18, 2019

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) is now adopting a National Quick Response (QR) Code Standard for payments. The BSP, on its website, said the move is...

BSP to release new P20 coin in 2020

Robie de Guzman   •   October 15, 2019

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) on Monday announced that the 20-peso coin will be released in circulation in 2020 after its ceremonial launch in December. In...

Bangko Sentral to produce cards for PH nat’l IDs

Robie de Guzman   •   October 8, 2019

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) has announced it will produce the 116 million blank cards to be used by the Philippine Statistics Authority (PSA) for the...

BSP simplifies process for registration of payment system operators

Robie de Guzman   •   September 27, 2019

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) on Friday issued simplified registration requirements for operators of payment systems (OPS) in line with the central bank’s thrust to promote...

BSP to transfer money production facility to New Clark City

Robie de Guzman   •   September 13, 2019

MANILA, Philippines – The currency production facility of the Bangko Sentral ng Pilipinas (BSP) is set to be transferred to a new location in New Clark City in Capas, Tarlac,...

Inflation downtrend continues at 1.7% in August 2019

Aileen Cerrudo   •   September 5, 2019

The inflation rate in the Philippines continued to decline at 1.7% in August 2019, according to the Philippine Statistics Authority (PSA). The August 2019 rate is lower compared with the...

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