As more financial institutions embrace digitalization to improve efficiency, the Philippine banking system will continue to create new jobs for Filipinos and not resort to mass layoffs, according to the Bankers Association of the Philippines...
Photo Caption: Volunteers from BDO branches in Iligan handed out relief packs to victims of Tropical Depression Agaton Officers and staff of BDO branches in Iligan City extended a helping hand to people affected by Tropical Depression...
The turnover ceremonies became a community event attended by representatives from Security Bank, Department of Education, beneficiary schools and the local government unit. In 2011, Security Bank Foundation, Inc. (SBFI) initiated the Build a...
Photo Caption: The improvement of the rural health unit in Majayjay, Laguna is in line with BDO Foundation's advocacy to promote the health and well-being of people of all ages. For five long years, the medical workers of Majayjay, a municipality...
PHILIPPINE BANKS will benefit from a brighter outlook for the economy, S&P Global Ratings said, with stronger domestic activity to fuel increased lending for local players. Ivan Tan, director for financial institution ratings at S&P,...
The country’s banking system has a higher total resources of P15.59 trillion as of end-February this year, up 11.67 percent year-on-year, data from the Bangko Sentral ng Pilipinas (BSP) show. This includes large lenders or the universal and...
|BAP Spot USD/PHP||Today||Previous|
|Date||July 23, 2018||July 20, 2018|
|BAP AM Weighted Average||53.433||53.523|
|BAP PM Weighted Average||53.473||53.506|
|BAP Weighted Average||53.446||53.515|
|FX Settlement Rate||53.433||53.523|
The Philippine Interbank Reference Rate (“PHIREF”) is solely owned and calculated by Bloomberg Finance L.P. and/or its affiliates (“Bloomberg”), under an agreement with the Bankers Association of the Philippines (“BAP”). PHIREF provided on this website is solely for internal business or personal use.