Bangko Sentral ng Pilipinas

Central Bank Opens New Branch in Cotabato City

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COTABATO CITY – The Bangko Sentral ng Pilipinas inaugurated a new branch building in Cotabato City on Monday, expanding its facilities and operational capabilities in Mindanao. BSP Deputy Governor Bernadette Romulo-Puyat led the ceremony, joined by government officials including Secretary Carlito G. Galvez Jr. of the Office of the Presidential Adviser on Peace, Reconciliation and … Read more

Philippine Central Bank Holds Rates Steady, Sees Downside Risks to Inflation

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gold bitcoin coin on background of growth chart

The Philippine central bank kept its benchmark interest rate unchanged at 6.50% on Thursday, citing easing inflation pressures and downside risks to the outlook following recent policy measures to lower rice prices. The Bangko Sentral ng Pilipinas (BSP) maintained the overnight deposit facility rate at 6.00% and the overnight lending rate at 7.00%, as widely … Read more