Tuesday, May 19, 2026
Today's Print

Tag: financial stability

BSP to close digital bank applications in December

The Bangko Sentral ng Pilipinas (BSP) said Friday it will stop accepting new applications for digital bank licenses by Dec. 1, 2025. The BSP’s Monetary...

Veloso returns to GSIS, reviews dividend policies

Government Service Insurance System (GSIS) president and general-manager Jose Arnulfo Veloso announced a series of new initiatives to provide more support for government employees...

Japan debt watcher cites stable Philippine banking system

The Bangko Sentral ng Pilipinas (BSP) on Thursday welcomed a report from Japan Credit Rating Agency (JCR) that underscores the strength and stability of...

Enhanced Monitoring

The Financial Stability Coordination Council (FSCC), chaired by Bangko Sentral ng Pilipinas Governor Eli Remolona Jr., holds its 42nd meeting at the BSP Building...

Financial stability council eyes enhanced monitoring for non-bank institutions

The Financial Stability Coordination Council (FSCC), the interagency mechanism for monitoring systemic risk, is developing an enhanced monitoring framework for non-bank financial institutions (NBFIs)...

BAP, Citi, PCHC renew tie-up to enhance dollar transfer and PvP systems

The Bankers Association of the Philippines (BAP) has renewed its partnership with Citi Philippines and the Philippine Clearing House Corporation (PCHC) to further enhance...

BSP extends moratorium on new licenses for cryptocurrencies, virtual asset providers

The Bangko Sentral ng Pilipinas said Friday it has indefinitely extended a moratorium on new licenses for virtual asset service providers (VASPs) to protect...

Japan’s R&I affirms Philippines’ ‘A-‘ credit rating, cites stable outlook

Rating and Investment Information Inc. (R&I), a Japan-based credit rating agency, on Wednesday affirmed the Philippines' credit rating at "A-," with a stable outlook. The...

Lyn Javier takes oath as new BSP deputy governor of financial supervision sector

The Bangko Sentral ng Pilipinas (BSP) has appointed Lyn I. Javier as the new deputy governor for the Financial Supervision Sector. She succeeds Chuchi...

SSS to roll out pension reform, raise monthly retirement benefits by a third up to P29,465

The Social Security System (SSS) on Thursday announced a pension reform program that will raise maximum monthly retirement benefits by a third to P29,465...

More depositors benefit from doubled insurance coverage

More depositors in the Philippines are now benefiting from enhanced protection through the Philippine Deposit Insurance Corp.'s (PDIC) doubled maximum deposit insurance coverage (MDIC)...

Century Properties expects growth with new projects

Century Properties Group (CPG), the real estate company controlled by the Antonio family, is preparing for significant growth in the coming years as it...

Financial stability Cebuanos’ top concern

A study commissioned by insurance company EastWest Ageas to Nielsen reveals that financial stability is among the top concerns of Cebuanos. Aside from stability, the...

Strengthening financial stability: Reforms that shaped the Philippine financial system

"The BSP has also advocated for financial reforms to enhance inclusivity, such as the creation of branch-lite banking units in 2017. This move has...
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