The Bangko Sentral ng Pilipinas (BSP) required its supervised financial institutions to find a balance between their anti-money laundering and anti-terrorist financing regulations and the promotion of financial inclusion in the country, which an...
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There is now a legislative proposal recognizing lender participation in a public-private partnership (PPP) project as alternative compliance to the oft-ignored agri-agra law, latest data of which show continuing dismal performance by an industry...
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THE PHILIPPINE banking system continued to expand during the second quarter as lenders opened more branches across the country with a focus on the provinces, data from the Bangko Sentral ng Pilipinas (BSP) showed. The local banking sector widened...
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THE PHILIPPINE banking system is expected to remain strong over the near term, BMI Research said in a recent report, with mergers to remain a likely trend as big banks absorb smaller lenders in order to beef up their presence as they brace for the...
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Bank-check issuers will have to get new checkbooks with new and larger check designs as the local system transitions its clearing process to electronic, the central bank said. In a press briefing on Monday, the Bangko Sentral ng Pilipinas (BSP)...
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