BANKS’ reserve requirement ratio (RRR) will be further reduced, the Bangko Sentral ng Pilipinas (BSP) said.In a statement Friday, Feb. 21, 2025, the central ban ...

THE Bangko Sentral ng Pilipinas (BSP) reminds all banks to accept and process unfit or mutilated Philippine banknotes and coins from the public. Banks are requi ...

The Bangko Sentral ng Pilipinas (BSP) reminds all banks to accept unfit or mutilated Philippine banknotes and coins from the public. Unfit currency should be exchanged—free of charge—for fit or clean ...

The Bangko Sentral ng Pilipinas (BSP) will reduce the reserve requirement ratios (RRRs) by 200 basis points (bps) for universal and commercial banks (U/KBs) and non-bank financial institutions with ...

The Bangko Sentral ng Pilipinas (BSP) on Friday announced the reduction in banks’ reserve requirement ratios (RRR) as part of its efforts to lower the cost of financial transactions in the country.

Banks should accept unfit or mutilated Philippine banknotes and coins from the public, the Bangko Sentral ng Pilipinas said on Friday.

The Bangko Sentral ng Pilipinas (BSP) on Friday announced another jumbo reduction to bank reserve requirements, a move that would help create easier liquidity conditions in ...

The RRR is often slashed when central banks want to stimulate more economic activity, as it allows banks to have more funds available for lending ...

The Bangko Sentral ng Pilipinas (BSP) on Friday issued a reminder to all banks to accept unfit or mutilated Philippine ...

The Philippine central bank on Friday said it was reducing the reserve requirement ratio (RRR) for banks by 200 basis points ...

The Philippine central bank on Friday said it was reducing the reserve requirement ratio (RRR) for banks by 200 basis points from late March. The reduction will bring the reserve requirement for ...

The Bangko Sentral ng Pilipinas (BSP) has launched a cyber resilience body to reinforce the country’s defenses against ...