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...
MANILA, Philippines — The Bankers Association of the Philippines (BAP) has partnered with Bloomberg to pursue several initiatives to further the growth of the foreign exchange (forex) market in the Philippines. BAP managing director Benjamin...
The Bankers Association of the Philippines (BAP) reiterated its commitment in pursuing the Philippine banking roadmap during its annual membership meeting last March 19 where it elected new officers and directors for the term 2018-2019. Launched...
A few years before Sen. Benigno Aquino Jr. was assassinated, the Philippine banking system has been slogging through adverse financial shocks. Insolvencies in financial investment houses and finance companies were rampant in 1981, leading to a...
|BAP Spot USD/PHP||Today||Previous|
|Date||June 22, 2018||June 21, 2018|
|BAP AM Weighted Average||53.408||53.395|
|BAP PM Weighted Average||53.309||53.45|
|BAP Weighted Average||53.349||53.419|
|FX Settlement Rate||53.408||53.395|
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.