The Bangko Sentral ng Pilipinas (BSP) and the Department of Finance (DOF) expressed their support for a bill allowing the Philippine Development Insurance Corporation (PDIC) to flexibly adjust the maximum deposit insurance coverage in the Philippines.
Bangko Sentral ng Pilipinas (BSP)
The Bangko Sentral ng Pilipinas (BSP) released a proposal to stakeholders about an open banking framework as part of the regulator’s three-year digital payments transformation program.
The Bangko Sentral ng Pilipinas (BSP) extends the transitory period for the certification of marketing personnel authorized to sell unit investment trust funds (UITFs) until 2023 in the Philippines.
The Bangko Sentral ng Pilipinas (BSP) is planning to provide financing for micro, small, and medium-sized enterprises (MSMEs) that belong to the supply chains of larger businesses in the Philippines.
The Bangko Sentral ng Pilipinas (BSP) grants large banks the authority to extend more property loans to their borrowers.