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BSP issues new credit card restrictions

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Bangko Sentral ng Pilipinas (BSP). RYAN LEAGOGO/INQUIRER.net

Unsolicited phone calls from pushy credit card salesmen have now been banned as part of regulators’ ongoing efforts to protect consumers from accumulating excessive debt.

Posted: August 23rd, 2014 in Headlines,Latest Business Stories | Read More »

Bangko Sentral seen to hike rates anew

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Bangko Sentral ng Pilipinas (BSP). RYAN LEAGOGO/INQUIRER.net

The Bangko Sentral ng Pilipinas (BSP) may decide to increase interest rates further at its next meeting as consumer prices surged to their fastest pace in nearly three years, the region’s biggest bank said.

Posted: August 9th, 2014 in Editor's Pick,Featured Gallery,Headlines,Photos & Videos | Read More »

BSP raises reserve requirements for banks

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INQUIRER FILE PHOTO

The Bangko Sentral ng Pilipinas (BSP) on Thursday asked banks to set aside more deposits as reserves to restrict lending to business and households in line with market expectations.

Posted: May 8th, 2014 in Latest Business Stories | Read More »

Bangko Sentral readies new bank lending rules

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Bangko Sentral ng Pilipinas. INQUIRER FILE PHOTO

The Bangko Sentral ng Pilipinas will release new guidelines on credit-risk management, aiming to boost the accessibility of bank loans to small but viable businesses.

Posted: April 25th, 2014 in Editor's Pick,Headlines | Read More »

Hawkish BSP hints at rate hike

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BSP Governor Amando M. Tetangco Jr. INQUIRER FILE PHOTO

The central bank has hinted at a hike in benchmark interest rates following the US Federal Reserve’s decision to further reduce its monetary stimulus for the world’s largest economy.

Posted: March 21st, 2014 in Editor's Pick,Headlines | Read More »

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