Advertisements


We are sorry, the requested page does not exist




PDIC settles P614 million in deposit insurance claims

State-run Philippine Deposit Insurance Corp. has settled P614 million in deposit insurance covering 15,796 accounts from padlock banks in 2023......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

BSP keeps interest rates steady

The Bangko Sentral ng Pilipinas said yesterday that its Monetary Board decided to keep rates steady. In doing so, the BSP said that inflationary risks “continue to lean toward the upside”, but that its latest forecasts showed that “inflation would settle close to the upper-end of the target range.”.....»»

Category: financeSource:  philstarRelated NewsMay 17th, 2024

‘Volatile inflation to keep rates steady’

Commodity prices in the country will remain volatile for the first semester, prompting the Bangko Sentral ng Pilipinas to keep rates steady and start easing only by June, according to Moody’s Analytics......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

US Federal Reserve holds rates steady

The US Federal Reserve decided to keep rates the same for the sixth straight time, and more importantly, gave no indication as to when it might “pivot” and begin to cut interest rates......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

US Federal Reserve holds steady

The US Federal Reserve decided to hold its interest rates steady for the 5th consecutive meeting......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

PDIC studying increase in bank deposit protection limit

The Philippine Deposit Insurance Corp said that it is conducting a study to determine if the current protection limit of P500,000 should be increased along with the introduction of other measures to “instill market discipline”......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Transactions in coin deposit machines near P400 million

More and more Filipinos are using the coin deposit machines deployed by the Bangko Sentral ng Pilipinas in major malls across the metropolis as part of its coin recirculation program......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Philippine central bank holds key interest rates

MANILA, May 16 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate at 6.5 percent and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent, respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said that inflation expectations remain well-anchored while a restrictive policy stance.....»»

Category: newsSource:  manilanewsRelated NewsMay 17th, 2024

Philippines central bank keeps key interest rates unchanged

MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday to keep the bank's target reverse repurchase rate at 6.5 percent, and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the latest inflation path has shifted slightly higher but still remains within targe.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

BSP keeps rates on hold as expected

The Bangko Sentral ng Pilipinas hit the pause button for the fifth straight policy meeting as it kept the benchmark interest rates steady yesterday, but it may start cutting borrowing costs as early as August if a sustained downtrend in inflation becomes fully evident......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

BSP keeps rates unchanged; inflation still global problem

The Bangko Sentral ng Pilipinas elected to keep interest rates steady after the PSA inflation data for March showed that inflation quickened here to 3.7% (increased for the third straight month)......»»

Category: financeSource:  philstarRelated NewsApr 12th, 2024

BSP seen to stand pat on policy rates anew

The Bangko Sentral ng Pilipinas is likely to keep interest rates steady today as prices may continue to remain elevated this quarter, but analysts said the central bank may have room to be less hawkish amid easing inflationary pressures......»»

Category: financeSource:  philstarRelated NewsApr 7th, 2024

Think tank: No change in BSP rates

The Bangko Sentral ng Pilipinas is likely to keep key rates steady at its policy meeting on Thursday, according to UK-based think tank Pantheon Macroeconomics......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

‘BSP has room to keep policy settings steady’

Monetary authorities have room to keep the country’s monetary policy settings steady this month, even if inflation breaches the four percent upper target in April, according to Bangko Sentral ng Pilipinas Governor Eli Remolona Jr......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

PUBG Mobile continues steady rise in Philippines

PUBG: Mobile has been a steady shooting game that Filipinos have been playing since its release back in 2018. Since then, the game has had Filipino-centric initiatives in 2022......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

Cha-cha mabobokya kapag sinahugan ng term extension

Baka wala nang sumuporta sa Charter change kapag isinama ang diskusyon sa term extension ng mga opisyal ng gobyerno, babala ni Senate President Juan Miguel Zubiri. The post Cha-cha mabobokya kapag sinahugan ng term extension first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 8th, 2024

Higher rates force government to cut down T-bond award

The government barely raised half of its target long-term securities yesterday as rates picked up, allowing it to borrow only P11.5 billion from the debt market......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

Reissued T-bonds fetch higher rates

The reissuance of the government’s long-term securities fetched higher rates amid expectation of faster inflation in March that likely breached the target of the central bank......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024