Tag: BSP

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Moody’s affirms Philippine rating despite growth slowdown

Moody’s Ratings affirmed the Philippines’ Baa2 sovereign credit rating on Monday, citing expectations that the government’s fiscal position will stabilize over the next two years despite a sharp slowdown in economic growth.

Treasury bill yields rise ahead of BSP meeting

Treasury bill yields were mostly higher at Monday’s auction as investors appeared to price in the possibility of tighter monetary policy ahead of the Bangko Sentral ng Pilipinas’ interest rate-setting meeting later this week.

Philippine reserves ease to USD103.3B in July

The Philippines’ gross international reserves (GIR) fell to USD103.3 billion at the end of July from USD104.7 billion a month earlier, while the country posted a USD1.5-billion balance of payments (BOP) deficit, reflecting continued pressure from external transactions.

Digital payments hit target as Filipinos shift from cash

Digital payments accounted for nearly two-thirds of retail transactions in the Philippines last year, putting the country within its national target range and underscoring how quickly electronic payments are replacing cash in everyday commerce.

RCBC joins BSP-backed Direct Debit PH payment system

Rizal Commercial Banking Corp. (RCBC) is among the first banks to join Direct Debit PH, a new automated recurring payment facility championed by the Bangko Sentral ng Pilipinas (BSP) to modernize the country’s payments system and accelerate the shift toward a cash-lite economy.

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La Viña: Legarda-Leviste cases “classic lawfare”

Human rights lawyer Antonio Gabriel La Viña has rejected plunder and graft allegations against Sen. Loren Legarda and her son, Batangas Rep. Leandro Leviste, calling the cases “classic lawfare" and a form of political persecution.  As spokeperson and part of Legarda's legal team, La Viña said no formal charges have been filed in court and both have submitted counter-affidavits to the Ombudsman. He maintained that Legarda has no ownership or role in Leviste’s solar companies and committed no wrongdoing. “Responsibility is personal. Motherhood should not become evidence against her,” he said, warning against using legal proceedings for political ends.

Globe staff’s AI solutions deliver tangible business value

Globe employees are turning AI from concept into practical tools that boost operations and customer service, highlighted at the recent Globe AI Showcase.

CBS expands digital lending to DepEd staff via PLDT, Samsung tie-up

China Bank Savings (CBS) is bolstering its field-based lending services for Department of Education (DepEd) teachers and non-teaching employees through a strengthened collaboration with PLDT Enterprise and Samsung Electronics Philippines.

BSP links MSMEs to more funding sources at forum

The Bangko Sentral ng Pilipinas (BSP) brought micro, small, and medium enterprises (MSMEs) closer to banks and lenders through the MSME Financing Forum held at its main office on September 11, 2026.

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