Posts Tagged Bangko Sentral ng Pilipinas

Bangko Sentral shares tips in determining fake banknotes

Robie de Guzman   •   September 9, 2021

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) on Thursday advised the public to carefully check their banknotes to ascertain the genuineness of the Philippine currency. The BSP issued the...

BSP reminds banks to accept mutilated banknotes, coins

Marje Pelayo   •   August 20, 2021

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) on Friday (August 20) reminded all authorized agent banks to accept mutilated banknotes and coins from the public. Pursuant to BSP...

Personal remittances from Overseas Filipinos up by 6.7% in first half of 2021 — BSP

Marje Pelayo   •   August 17, 2021

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) reported a huge increase in the remittances from Overseas Filipinos (OFs) during the first half of the year, according to BSP...

Bangko Sentral tells banks to accept damaged bank notes, coins from public

Robie de Guzman   •   August 11, 2021

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) on Wednesday reminded all authorized agent banks to accept mutilated/doubtful currencies from the public. The central bank said this is pursuant...

BSP orders social media platform ‘Lyka’ to suspend operations due to lack of registration

Marje Pelayo   •   July 23, 2021

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) on Friday (July 23) ordered the social media platform ‘Lyka’ to stop its operations. BSP Governor Benjamin Diokno explained the said online...

Pagpapasahod ng barya, labag sa batas ayon sa Bangko Sentral ng Pilipinas

Aileen Cerrudo   •   June 29, 2021

Labag sa batas ang pagpapasahod ng barya, ayon sa Bangko Sentral ng Pilipinas (BSP). Batay sa isang circular ng BSP, ang mga baryang piso gaya ng P5 at P10 ang...

BSP unveils new program to bolster rural banking industry

Maris Federez   •   June 18, 2021

MANILA, Philippines — ​The Bangko Sentral ng Pilipinas (BSP) has launched a program that aims to strengthen the rural banking industry in the country. The BSP, on Friday, said the...

BSP issues digital banking license for Overseas Filipino Bank

Robie de Guzman   •   April 5, 2021

MANILA, Philippines – The Overseas Filipino Bank (OFBank) has officially become the first branchless digital-only bank in the country’s history after securing a digital banking license from the Monetary Board...

BSP clarifies grace period for loan payments in NCR Plus

Aileen Cerrudo   •   March 29, 2021

MANILA, Philippines—The 30-day grace period on loan payments will not be extended as Metro Manila, Rizal, Laguna, Batangas, and Cavite were put under enhanced community quarantine (ECQ), according to the...

Essential services to continue despite ECQ, BSP says

Robie de Guzman   •   March 29, 2021

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) on Monday assured it would continue to provide essential services despite the re-enforcement of enhanced community quarantine (ECQ) in the National...

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