The Bankers Association of the Philippines (BAP), under the new leadership of Bank of the Philippine Islands (BPI) President and CEO Cezar P. Consing, looks forward to the launch of the digital banking ID registry this year as it continues to...
Seventy-five employees from 10 different branches of Security Bank in Davao volunteered to help paint the two-storey, six-classroom school building funded by Security Bank Foundation for Panabo National High School in Panabo City, Davao Del...
Debt watcher S&P Global upgraded the Philippine banking sector’s credit rating by a notch, citing the expected significant improvement in the country’s regulatory environment following the signing into law of the New Central Bank Act. In...
The Bankers Association of the Philippines is deeply saddened by the passing of Bangko Sentral ng Pilipinas Governor Nestor Espenilla Jr. The BAP applauds the legacy of Governor Espenilla in leading the banking industry in the age of...
Financial institutions wanting to launch electronic payment services will no longer have to jump through hoops to obtain regulatory approval but will, instead, be able to offer these features to clients after complying only with basic central bank...
MANILA, Philippines — Earnings of Philippine banks climbed by 6.4 percent to P178.83 billion last year from P168.07 billion in 2017 on the back of higher trading gains and interest income, according to preliminary data from the Bangko Sentral ng...
|BAP Spot USD/PHP||Today||Previous|
|Date||April 17, 2019||April 16, 2019|
|BAP AM Weighted Average||51.792||51.722|
|BAP PM Weighted Average||51.813||51.726|
|BAP Weighted Average||51.802||51.724|
|FX Settlement Rate||51.792||51.722|
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.