MANILA, Philippines - The Bangko Sentral ng Pilipinas (BSP) is offering perks to players who take part in the consolidation of Philippine banks to further enhance the competitiveness of the industry. BSP Deputy Governor Nestor Espenilla Jr....
MANILA, Philippines - Bank lending growth remained steady in August on the back of strong demand from corporate and retail borrowers, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. BSP Governor Amando Tetangco Jr. said outstanding...
The Bangko Sentral ng Pilipinas and the Philippine banking sector - sustaining financial stability amid global volatility Speech by Mr Amando M Tetangco, Jr, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at...
TOTAL bank deposits neared the P10-trillion mark as of end-August, data from the Bangko Sentral ng Pilipinas (BSP) showed, marking sustained growth in the local banking industry amid volatility in global financial markets. Philippine banks held...
Steady growth in assets and deposits boosted the banking sector’s third quarter net profits to P114.78 billion, up 16.68 percent from the same period last year of P98.7 billion. Data from the Bangko Sentral ng Pilipinas (BSP), updated this...
MANILA, Philippines – Banks and other financial institutions are open to a proposal allowing micro, small and medium enterprises (MSMEs) to use other properties as collateral for loans, aside from land and other immovable assets, Sen. Paolo...
| BAP Spot USD/PHP | Today | Previous |
|---|---|---|
| Date | June 03, 2026 | June 02, 2026 |
| Open Time | 09:00:16 | 09:00:15 |
| Open | 61.68 | 61.74 |
| High | 61.75 | 61.75 |
| Low | 61.655 | 61.65 |
| Close | 61.745 | 61.675 |
| BAP AM Weighted Average | 61.702 | 61.745 |
| AM Volume | 620.43 | 674.5 |
| BAP PM Weighted Average | 61.737 | 61.691 |
| PM Volume | 1265.005 | 624.65 |
| BAP Weighted Average | 61.726 | 61.719 |
| Total Volume | 1885.43 | 1299.15 |
| FX Settlement Rate | 61.702 | 61.745 |
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.
