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+ Follow DEPUTY GOVERNOR NESTOR A Tag
DEPUTY GOVERNOR NESTOR A
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1498647
                    [Title] => Telcos agree on unified platform for e-payments
                    [Summary] => 

Consumers may soon easily send and receive money using their mobile phones despite being enrolled in different providers, a Bangko Sentral ng Pilipinas official said.

[DatePublished] => 2015-09-11 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1438879 [AuthorName] => Kathleen A. Martin [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 1436093 [Title] => Foreign debt shrinks to $77B in 2014 [Summary] =>

The country’s external debt dropped to $77 billion in 2014 from $78.5 billion in 2013, the Bangko Sentral ng Pilipinas reported yesterday.

[DatePublished] => 2015-03-22 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1438879 [AuthorName] => Kathleen A. Martin [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 1430018 [Title] => 2 Asian banks file bid to operate in Philippines – BSP [Summary] =>

Two Asian banks have filed their applications to put up shop in the country, an official from the Bangko Sentral ng Pilipinas said yesterday.

[DatePublished] => 2015-03-05 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1438879 [AuthorName] => Kathleen A. Martin [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20150203/BSP-3.jpg ) [3] => Array ( [ArticleID] => 1417071 [Title] => Early shift to EMV chip technology seen [Summary] =>

The shift to EMV (Europay, MasterCard, Visa) chip cards may happen earlier than 2017, the Bangko Sentral ng Pilipinas said, as more local banks move to protect their systems and consumers from fraud.

[DatePublished] => 2015-01-27 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1438879 [AuthorName] => Kathleen A. Martin [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 1384289 [Title] => Say no to ATM theft with anti-fraud security [Summary] =>

Smart e-Money, Inc. (SMI), the digital financial solutions subsidiary of Smart Communications, Inc. (Smart) has introduced an innovative mobile-based, anti-fraud security service that will empower card users to “lock” and “unlock” their automated teller machine (ATM), prepaid, debit, and credit cards with the use of their smartphones.

[DatePublished] => 2014-10-27 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Technology [SectionUrl] => technology [URL] => http://media.philstar.com/images/the-philippine-star/business/networks/20141027/Anti-Fraud-Security-App.jpg ) [5] => Array ( [ArticleID] => 1378945 [Title] => Understanding property bubble [Summary] =>

The possibility of a bubble will always be there but the likelihood of a bubble to happen in the near term is remote in that, the Bangko Sentral ng Pilipinas (BSP) has already put a cap on real estate exposure of banks in addition to stricter loan covenants for both commercial and residential borrowings.

[DatePublished] => 2014-10-11 00:00:00 [ColumnID] => 136085 [Focus] => 0 [AuthorID] => 1226573 [AuthorName] => Chris Malazarte [SectionName] => Freeman Cebu Business [SectionUrl] => cebu-business [URL] => ) [6] => Array ( [ArticleID] => 1374987 [Title] => New BSP capitalization rule seen to spur consolidations [Summary] =>

The new planned higher capital requirements for banks may spur consolidation activities in the industry, a Bangko Sentral ng Pilipinas official said yesterday.

[DatePublished] => 2014-10-01 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1438879 [AuthorName] => Kathleen A. Martin [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 1372740 [Title] => BSP reviewing comments on capital hike plan [Summary] =>

The Bangko Sentral ng Pilipinas said it now reviewing comments from the industry on its proposal to increase banks’ capital requirements.

[DatePublished] => 2014-09-25 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1438879 [AuthorName] => Kathleen A. Martin [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20140925/bsp-5.jpg ) [8] => Array ( [ArticleID] => 1370179 [Title] => BSP requires banks to report cross-border transactions [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) has required banks to report on their cross-border financial transactions in order to better assess potential risks faced by the local banking sector and the domestic financial system as a whole.

[DatePublished] => 2014-09-18 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1438879 [AuthorName] => Kathleen A. Martin [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20140918/bsp-5.jpg ) [9] => Array ( [ArticleID] => 1364680 [Title] => BSP issues new rules on bank branch relocation [Summary] =>

Banks intending to relocate their branches in Metro Manila would be required to pay special licensing fees of up to P20 million per branch, the Bangko Sentral ng Pilipinas said yesterday.

[DatePublished] => 2014-09-03 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1438879 [AuthorName] => Kathleen A. Martin [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20140728/BSP-logo.jpg ) ) )
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