The Bangko Sentral ng Pilipinas (BSP) continues to introduce major reforms not only to further strengthen the country’s banking system, but also to control financial risks. BSP Deputy Governor Chuchi Fonacier said the mission critical components...
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BANKS in the country are more than ready to comply with global standards on capital and liquidity buffers due in January, a central bank official said, with latest data showing they are well above the required levels. Universal and commercial...
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THE news may not have reached many people since the collective focus of the nation is still on the disturbing issues of inflation, Sen. Antonio Trillanes 4th and now Ompong, but the Bangko Sentral ng Pilipinas (BSP) has taken a decisive step toward...
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Visa, Inc., the world’s leader in digital payments, said that Filipinos are becoming more confident in going cashless in their payment transactions. Based on the results of the latest Visa Consumer Payment Attitudes Study, almost seven in 10...
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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...
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