For BDO Foundation, the corporate social responsibility arm of BDO Unibank, health is wealth. Which is why it continues to pursue one of its main programs: the improvement of health centers all over the country. The latest rural health units...
MANILA, Philippines — More Filipinos continue to entrust their savings with banks as deposits recorded a double-digit increase in the first five months amid the strong economic growth. Total bank deposits rose by a double-digit rate of 11.7...
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...
More industry players are expected to start using InstaPay — the second automated clearing house under the National Retail Payments System (NRPS) — and subsequently drive up the volume of electronic money (e-money) transfers, a payments...
The banking system’s trust holdings increased by 8.2 percent year-on-year to P2.51 trillion as of end-March, indicating clients’ confidence in banks’ investment management continues to grow. The big banks accounted for P2.46 trillion of...
|BAP Spot USD/PHP||Today||Previous|
|Date||August 15, 2018||August 14, 2018|
|BAP AM Weighted Average||53.5||53.479|
|BAP PM Weighted Average||53.498||53.428|
|BAP Weighted Average||53.499||53.451|
|FX Settlement Rate||53.5||53.479|
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.