Central Bank of the Philippines (BSP)
BSP remains cautious about stablecoins as proposals roll in
Deputy governor says most submissions are for dollar-backed assets focused on retail use
Nexus will connect at least three Asian countries by 2027 – CEO
Company expects to announce winning bidder for contract to build payments platform by year’s end
Philippines eases policy 25bp to 5% ‘Goldilocks zone’
BSP governor says one more cut likely this year as bank cites risks posed by US trade policy
People: BSP appoints new deputy governor for supervision
Plus: Kenya lines up Nokia’s country chief for seat on board, and head of US crypto council steps down
Philippines cuts policy rate by 25bp
Central bank points to improved outlook for inflation, as well as threats to growth from global events
Central Banking Awards 2025 ceremony honours shining stars
Oscars of central banking recognise excellence in the community
Philippines resumes easing cycle with quarter-point cut
Inflation slows but growth risks increase amid “more challenging” external environment, BSP says
Banknotes: January to March 2025
A round-up of news and salient issues that have affected central bankers in the past three months
Central Banking Awards 2025: the winners in full
Awards recognise extraordinary achievements in another challenging year for central banks
Central Banking Awards 2025: final winners announced
Last group of awards includes governor of the year and lifetime achievement
Philippines unexpectedly pauses easing cycle
BSP would have continued cutting if not for “uncertainty over trade policy”, governor says
Japan and Philippines renew swap agreement
China also renews 15 billion yuan currency swap line with Nigeria
Central Bank of the Philippines cuts policy rate by 25bp
Third reduction in a row follows Fed’s quarter-point cut
BSP completes wholesale CBDC proof-of-concept tests
Central bank names off-hours interbank payments as potential use case
People: October to December 2024
A round-up of central bankers in the news and on the move
Philippines launches new interest rate swap market
Central bank says platform could boost trading and liquidity in domestic bonds
Central bankers weigh up prospects for Project Nexus
Policy-makers from Asean states, India and EU discuss goals for multilateral cross-border payments link
Indonesia holds while Philippines cuts
Policy rates for both countries now stand at 6% as inflation slows
Philippines central bank cuts reserve requirement ratios
Move follows rate cut in August
Philippines cuts rates by 25bp
Inflation moving towards target, central bank says
Philippines to issue up to four more digital bank licences
New entrants must bring new services to the table, central bank says