The Bangko Sentral ng Pilipinas aims to assure first-time borrowers with funds to improve financial inclusion.
Bangko Sentral ng Pilipinas (BSP)
The Bangko Sentral ng Pilipinas expects more foreign investments to arrive in the Philippines in the next two years.
The rediscount window of the BSP was left untapped in January and February amid ample liquidity in the Philippines.
BSP increased the annual contributions to PERA to let local and overseas Filipino workers invest in their retirement.
BSP looks to remove fees on small online fund transfers to promote the use of digital payments.
BSP hiked the liquidity and capital requirements for e-money issuers to ensure protection from technology risks.
A resolution urging the BSP to retain the existing limits on credit card charges has been filed to help Filipino consumers cope with the rising inflation.
BSP urges BSP-supervised financial institutions to adopt sturdy control actions against cyber attacks in the Philippines.
BSP is eyeing to launch a news sentiment index (NSI) next year to capture relevant views on key macroeconomic events in the Philippines.