Thursday, December 25, 2025
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Tag: Philippine Financial System

Banking sector’s assets grew 9.2% to P25.2t in 2023

The Philippine banking sector’s total assets expanded 9.2 percent to P25.2 trillion in the second semester of 2023 from the same period in 2022,...

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...

Financial system endures health crisis impact–BSP

The Philippine financial system remained resilient and weathered the devastating impact of the COVID-19 pandemic in 2020, according to a report released by the...

Ex-Wirecard CEO nabbed for suspected manipulation

Frankfurt—The former chief executive of Wirecard, Markus Braun, has been arrested on suspicion of market manipulation, German prosecutors said Tuesday, after the payments provider...

Wirecard’s $2.1-b fund not in PH

Bangko Sentral ng Pilipinas Governor Benjamin Diokno said over the weekend none of the missing $2.1-billion fund of German payments company Wirecard entered the...

‘Dirty cash’ also dumped in PH

The Anti-Money Laundering Council says the Philippines has become a destination of “dirty money” generated from criminal activities like kidnapping for ransom, terrorism, and...

BSP: Reforms support sustained stability and growth of PH financial system

The Philippine financial system remained sound and stable in the first semester of 2016 as the pursuit of continuing reforms supported the sustained growth,...
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