Central Bank of the Philippines (BSP)
Philippines reveals extent of lending to IMF
Central Bank of the Philippines announces shift in relationship with International Monetary Fund; holdings from the country have been used to support Ireland, Portugal and Greece
Philippines warns on fake commemorative banknotes
Central Bank of the Philippines denies issuing a 150 piso commemorative banknote; asks the pubic to report any information on the ‘fictitious’ notes to the authorities
Governor of the Central Bank of the Philippines talks Basel III
Amando Tetangco explains how Basel III has a “perverse” impact on countries with strong fiscal discipline and why the Sifi designation is less important than rigorous regulation
Global economic growth fears prompt emerging markets to ease rates
Central Bank of Brazil, Central Bank of the Philippines and National Bank of Serbia cut interest rates on weaker global outlook; elevated inflation forces South African Reserve Bank to hold rates
Philippines quarterly review brings mixed news
Central Bank of the Philippines reports lower than expected growth, but remains positive about economy’s outlook in latest Report on Economic and Financial Developments
Philippines banking sector liberalisation continues
Central Bank of the Philippines awards seven banks the right to open 162 branches in previously 'restricted' zones; next phase in the liberalisation of the domestic banking sector
Philippines re-launches economic and financial learning centre
Central Bank of the Philippines reopens economic and financial learning centre in its Cabanatuan Branch Office; education activities continue throughout the country
Philippines appoints new Monetary Board member
Armando Suratos is new member of Monetary Board; replaces former finance secretary Juanita Amatong
Philippines introduces new financial reporting rules
Central Bank of Philippines revises guidelines on financial reporting to improve stability of financial institutions; new rules bring Philippines into line with international standards
Philippines’ Tetangco sworn in for second term
Central Bank of the Philippines governor Amando Tetangco secures 'unprecedented' second six-year term as head of central bank
Philippines launches next leg of public education programme
Central bank wants the public to be able to make “well-informed economic and financial decisions”; also opens new building in Dumaguete City
IT outsourcing services aid recovery: Central Bank of Philippines survey
Central Bank of the Philippines survey finds growth in IT-enabled services picked up in 2009
Philippines’ Tetangco to get second term: reports
Central Bank of the Philippines governor Amando Tetangco reportedly set to be offered second term at the helm; Tetangco credited with anchoring inflation expectations following recent spikes
Philippines’ central bank takes ownership of golf course: reports
Central Bank of the Philippines takes over local golf club resort following default on loan by failed lender, local media say
Philippines bats away attacks of new banknote series: reports
Central Bank of the Philippines’ deputy governor Diwa Guinigundo reportedly dismisses criticisms of incorrectly rendered native bird and map on new banknotes
Ex-Philippines governor named US ambassador
Central Bank of the Philippines’ former governor Jose Cuisia Jr. selected as country’s ambassador to the United States
Philippine banks migrate to new remittance payments system
Central Bank of the Philippines says all twelve participating banks are using new electronic payments system for remittances
Philippines’ Tentangco on launch of new ATM project
Central Bank of the Philippines governor Amando Tetangco says new ATM project will create more compatibility
Hedging activity growing in the Philippines
While authorities in the West increase derivatives regulation, the Bangko Sentral ng Pilipinas has liberalised rules governing both hedging and yield enhancement markets in the past few years. Despite the challenges in expanding penetration in a market…
Philippines’ Tetangco on effective governance
Central Bank of the Philippines governor Amanda Tetangco stresses importance of effective governance for growth
Philippines’ Tetangco launches book on CB law
Central Bank of the Philippines governor Amando Tetangco praises in-house legal team
Cross-border collateral may alleviate dollar funding strains: Emeap
Executives’ Meeting of East Asia Pacific Central Banks says crisis revealed shortcomings in regional money markets; swaps deals, cross-border collateral could alleviate some problems
Accounting change behind Saudi gold surge
Saudi Arabian Monetary Agency’s gold reserves more than double due to accounting adjustment; European central banks keep to agreement while Russia, Philippines buy
Philippines' Tetangco applauds microfinance steps
Central Bank of the Philippines' governor Amanda Tetangco says banks must embrace micro lending