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Chamber of Thrift Banks pays courtesy call on the Bangko Central chief

THE 2020 Board of Trustees of Chamber of Trift Banks (CTB) made a courtesy call on Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno (seated center). The visit was in line with the 2020 CTB National Convention slated on March 13 at the Dusit Thani Manila with the theme “Thrift Banking in the New Decade,” […].....»»

Category: newsSource: manilatimes_net manilatimes_netFeb 6th, 2020

LOOK: A Soldier s Heart cast pays courtesy call to Army chief

MANILA, Philippines – The cast of upcoming ABS-CBN show A Soldier's Heart paid a courtesy call to the Philippine Army chief Lieutenant General Gilbert Gapay on Friday, January 10. Cast members including Gerald Anderson, Sue Ramirez, Elmo Magalona, Yves Flores, and Nash Aguas headed to Fort Bonifacio to meet Gapay and ........»»

Category: newsSource:  rapplerRelated NewsJan 10th, 2020

Strengthening labor ties

Sweden’s Ambassador to the Philippines Harald Fries discusses employment matters with Labor Secretary Silvestre Bello III, during the former’s courtesy call on the Labor Chief, at the Department of Labor and Employment Central Intramuros, Manila on October 23......»»

Category: newsSource:  manilatimes_netRelated NewsNov 15th, 2019

CCPI president pays courtesy call to Israel ambassador

THE Chamber of Commerce of the Philippine Islands led by its President Jose Luis Yulo, Jr. (fourth from left) paid a courtesy call to Israel Ambassador to Manila Hon. Ambassador…READ The post CCPI president pays courtesy call to Israel ambassador appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMay 26th, 2019

Central bank chief signals more reserve ratio cuts

THE BANGKO SENTRAL ng Pilipinas (BSP) will consider reducing the reserve requirement ratio (RRR) for lenders further if banks don’t misbehave and speculate against the peso, Governor Benjamin E. Diokno said......»»

Category: newsSource:  bworldonlineRelated NewsMay 17th, 2019

BSP chief says local conditions to dictate monetary policy shift

ANY DECISION to adjust interest rates will hinge largely on local conditions, the Bangko Sentral ng Pilipinas (BSP) chief said yesterday, noting a backdrop of weak global prospects and divergent policy moves among central banks......»»

Category: newsSource:  bworldonlineRelated NewsAug 30th, 2016

BSP unleashes own QE to fight COVID-19

Joining other central banks from Europe to Asia, the Bangko Sentral ng Pilipinas said it is buying government bonds to boost liquidity in the system......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2020

Banks extend due dates of borrowers

Philippine banks are heeding the call of the Bangko Sentral ng Pilipinas to waive the fees for digital transactions and extend the due dates of borrowers amid the month-long enhanced community quarantine adopted by Malacañang to prevent further spread of the coronavirus disease 2019 or COVID-19......»»

Category: financeSource:  philstarRelated NewsMar 17th, 2020

Policy rate expectations for March 19

THE Bangko Sentral ng Pilipinas (BSP) may cut rates anew this week following the move of global central banks to ease policy amid fears of slower economic growth and lower demand for key commodities including oil due to the coronavirus disease 2019 (COVID-19) pandemic. Read the full story......»»

Category: financeSource:  bworldonlineRelated NewsMar 15th, 2020

Chamber of Thrift Banks postpones annual convention

The Chamber of Thrift Banks has decided to postpone its annual convention scheduled on March 13 in view of the government’s declaration of Code Red and state of public health emergency due to COVID-19......»»

Category: financeSource:  philstarRelated NewsMar 10th, 2020

Hotels, resorts told: Report location of 26 Koreans

CEBU CITY, Philippines — “Report the whereabouts of the 26 South Koreans from Daegu City immediately.” Dr. Jaime Bernadas, Department of Health in Central Visayas (DOH-7) chief, made this call to owners of hotels and resorts in the region where the 26 South Koreans were possibly staying. Bernadas said that these hotels or resorts could […] The post Hotels, resorts told: Report location of 26 Koreans appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsFeb 28th, 2020

BSP amends banks& rsquo; capital requirements

The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas, said Wednesday it approved the enhanced capital adequacy standards for stand-alone thrift, rural and cooperative banks to promote the safety and soundness of the domestic banking system......»»

Category: financeSource:  thestandardRelated NewsFeb 26th, 2020

Russian Embassy denies VFA talk with AFP chief

The Russian Embassy in Manila has vehemently denied that the courtesy call and meeting of Russian Ambassador Igor Khovaev with newly installed Armed Forces of the Philippines Chief of Staff Gen. Filemon Santos Jr. on Monday has something to do with the termination of the Visiting Forces Agreement (VFA). According to Russian Embassy Press Secretary […].....»»

Category: newsSource:  tempoRelated NewsFeb 18th, 2020

BSP, Indonesian counterpart ink cooperation

Philippine and Indonesian monetary authorities have agreed to work together to provide a framework for closer cooperation between their central banks to achieve a more secure, efficient and reliable payment system, and promote digital financial innovation. In a statement on Monday, the Bangko Sentral ng Pilipinas (BSP) announced it signed a memorandum of understanding (MoU) […].....»»

Category: newsSource:  manilatimes_netRelated NewsFeb 4th, 2020

BSP, BI promoting financial innovation together

he Bangko Sentral ng Pilipinas (BSP) and Bank Indonesia (BI) on Monday vowed to support each other in promoting digital financial innovation while boosting cooperation in the payments system space. “The memorandum of understanding aims to provide a framework for closer cooperation between the two central banks to achieve a more secure, efficient and reliable […] The post BSP, BI promoting financial innovation together appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsFeb 3rd, 2020

Ambassador Huang Xilian pays courtesy call on Executive Secretary Salvador Medialdea

ON January 14, Chinese Ambassador to the Philippines Huang Xilian pays a courtesy call on Salvador Medialdea, executive secretary of the Philippines, at the Premier Guest House of Malacañan Palace. Both sides exchanged views on furthering bilateral relations and broadening practical cooperation in various fields......»»

Category: newsSource:  manilatimes_netRelated NewsJan 19th, 2020

PDIC pays out P1.18 billion in deposit insurance

State-run Philippine Deposit Insurance Corp. has paid a total of P1.18 billion in deposit insurance last year, covering 51,278 accounts from banks ordered closed by the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 19th, 2020

CGPA Welcomes Visit of JUSMAG Chief, Us Army Attaché

The Joint Military Assistance Group (JUSMAG-Philippines) Chief and the United States Army Attaché pay a courtesy call to the Philippine Army Commanding General Lt. Gen. Gilbert I. Gapay here today, January 7. Said call served to strengthen the military relationship between the two parties through the upcoming activities this year. JUSMAG Chief Col. Stephen Ma […].....»»

Category: newsSource:  metrocebuRelated NewsJan 12th, 2020

BSP chief looks forward to even better 2020

Last year was bittersweet for the Bangko Sentral ng Pilipinas after losing the captain of its ship, Nestor Espenilla Jr., in February to tongue cancer at the age of 60, barely nine months into his six-year term as the head of the country’s central bank......»»

Category: financeSource:  philstarRelated NewsJan 2nd, 2020

Phl-Tunisia closer ties to benefit OFWs

The Philippines and Tunisia have agreed to bolster their cooperation in addressing the plight of overseas Filipino workers (OFWs), Malacañang said on Saturday. This developed after Chief Presidential Protocol and Presidential Assistant on Foreign Relations Robert Borje paid a courtesy call on Tunisian Acting Foreign Minister Sabri Bachtobji in Tunis on Friday, the Palace said […] The post Phl-Tunisia closer ties to benefit OFWs appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsDec 22nd, 2019

BSP to review LitePay transactions

THE Bangko Sentral ng Pilipinas (BSP) assured the public that it would review lenders that had transactions with LitePay, the remittance arm of Westpac Banking Corp., which was accused of violating Australia’s money-laundering laws 23 million times. In a statement on Thursday, the central bank said it was informed by one of its supervised banks […].....»»

Category: newsSource:  manilatimes_netRelated NewsDec 19th, 2019