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By Bryner L. Diaz | September 10, 2014 - 12:00am
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Philippine banks remain capable of absorbing potential shocks even as Fitch Ratings warned that slower economic growth, high energy prices and rapid expansion in unsecured consumer lending could raise asset quality risks and weigh on bank earnings, according to the Bangko Sentral ng Pilipinas (BSP).
3 hours ago
As the Bangko Sentral ng Pilipinas (BSP) pushes the financial sector toward stronger authentication standards, the biggest adjustments may not be happening inside banks or e-wallets but at the checkout counters of millions of small businesses.
3 hours ago
The Bangko Sentral ng Pilipinas (BSP) has warned supervised institutions against extending, sharing or transferring of the authority to offer electronic money services to unlicensed partners, platforms or third-party providers.
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The Bangko Sentral ng Pilipinas (BSP) may still raise interest rates further as it tries to contain inflation without worsening the economy’s slowdown, Monetary Board member Benjamin Diokno said.
1 day ago
The Bangko Sentral ng Pilipinas (BSP) has granted temporary regulatory relief to banks and quasi-banks to shield their reported capital positions from unrealized losses on peso government securities caused by market volatility from the Middle East conflict.
4 days ago
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February 12, 2018
- 12:00 am
- 12:00 am
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