Under its rules, the BSP is allowing a maximum of ten digital banks to operate in the Philippines. Six digital banks are already operating in the country while four additional licenses are yet to ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) said there are two foreign banks that have expressed interest in joining the country’s digital banking space. Meanwhile, two more ...

The BSP recently released a draft circular seeking to strengthen the regulatory framework on IT risk management of banks and nonbanks. Under the draft rules, the central bank is seeking to limit the ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has proposed rules that will guide its investigations into bank accounts and e-wallets suspected of being used to commit financial ...

These unforeseen circumstances can disrupt one’s regular life ... at the BSP North Luzon Regional Office, stressed the importance of having a safety net. “Financial preparedness can help reduce ...

REUTERS THE BANGKO SENTRAL ng Pilipinas (BSP) is looking to tighten rules on information technology (IT) controls and account security for financial institutions, as part of efforts to stamp out ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is proposing amendments to existing regulations on banks’ information technology (IT) risk management to combat financial account fraud.

The latest inflation print is within the Bangko Sentral ng Pilipinas (BSP) target range of 2 percent to 4 percent in 2025. “Potential risks such as local weather disturbances and geopolitical ...

The U.S. State Department said on Saturday that the President's Emergency Plan for AIDS Relief (PEPFAR) — the world's leading ...