Posts Tagged BSP

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...

OFW remittances up by 3.6% in eight months — BSP

Marje Pelayo   •   October 16, 2019

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) noted a significant increase in personal remittances of overseas Filipinos workers (OFW) by 3.6% in the past eight months of 2019....

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...

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...

Beware of false claims: BSP denies approving KAPA investment scheme

Robie de Guzman   •   August 28, 2019

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) on Wednesday denied claims it has approved the investment scheme of Kapa-Community Ministry International, Inc. (KAPA). “The BSP advises the public...

BSP on Yasay’s arrest for alleged violations of banking laws: ‘No comment’

Robie de Guzman   •   August 23, 2019

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) on Friday said it will not issue any comment on the arrest of former Foreign Affairs Secretary Perfecto Yasay Jr., for...

MPD serves warrant of arrest to ex-DFA Sec Yasay

Maris Federez   •   August 22, 2019

The Manila Police District (MPD) Warrant and Subpoena Service-Criminal Investigation and Detection Group (WSS-CIDU) on Thursday afternoon served a warrant of arrest to former Secretary of Foreign Affairs Perfecto Yasay...

Solon urges BSP to name banks asking for higher ATM fees

Robie de Guzman   •   August 16, 2019

MANILA, Philippines – Makati City Representative Luis Campos Jr. on Friday urged the Bangko Sentral ng Pilipinas (BSP) to name the banks that are asking for higher charges on automated...

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