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BSP lowers BOP surplus forecast for 2014

The Central bank has revised its external payments forecasts for the year to show a sharp reduction in investments expected to enter the country, reflecting tumultuous financial market conditions that would keep foreign money stuck in safer havens.

Posted: July 12th, 2014 in Headlines | Read More »

BSP seen to raise key rates

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Bangko Sentral ng Pilipinas building INQUIRER FILE PHOTO

The spike in last month’s inflation may force Bangko Sentral ng Pilipinas (BSP) to tighten its monetary policy further.

Posted: June 7th, 2014 in Editor's Pick,Headlines | Read More »

Foreign exchange reserves rose to $79.96B in May ’14

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The country’s foreign exchange reserves slightly rose to $79.957 billion at end-May, preliminary Bangko Sentral ng Pilipinas (BSP) data released on Friday showed.

Posted: June 7th, 2014 in Editor's Pick,Headlines | Read More »

Small banks reported less bad loans in ’13

An increase in lending activities slightly improved the gross non-performing loans (NPLs) ratio of the country’s cooperative, rural and thrift banks at end-2013, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.

Posted: June 7th, 2014 in Headlines | Read More »

Biz Buzz: Stubborn banks defy BSP

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In any industry, the word of the government regulator is the law. And when the law is laid down, industry players usually fall over themselves in a rush to comply with the new mandate.

Posted: May 19th, 2014 in Columnists,Inquirer Columns | Read More »

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  • Opinion

  • Editorial cartoon, July 23, 2014
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