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A logo of the Bangko Sentral ng Pilipinas is seen at their headquarters in Manila, (REUTERS/Romeo Ranoco / MANILA BULLETIN)

BSP pauses, keeps key interest rates unchanged

By Lee Chipongian With easing price pressures, the Bangko Sentral ng Pilipinas (BSP) left benchmark overnight rate unchanged Thursday after five straight rate hikes. BSP…

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Living and breathing ‘finance for all’

The Philippines is one of the countries in Asia with low banking penetration rates, with up to 66 percent of Filipinos – or more than…

(EIU / MANILA BULLETIN)

PH is first in Asia in financial inclusion

By Lee Chipongian The Philippines ranked first in Asia in financial inclusion and fourth in the world, according to the latest 2018 Global Microscope by…

A logo of the Bangko Sentral ng Pilipinas is seen at their headquarters in Manila, (REUTERS/Romeo Ranoco / MANILA BULLETIN)

BOP deficit widens to $5.59 B in October

By Lee Chipongian  The Bangko Sentral ng Pilipinas (BSP) reported a balance of payments (BOP) deficit of $5.59 billion as of end-October, mirroring the trade…


Bangko Sentral ng Pilipinas (BSP) logo

Bank lending posts 17.4% growth in September

By Lee C. Chipongian Big banks’ outstanding loans increased by 17.4 percent year-on-year in September, a slower pace of growth compared to the previous month’s…