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Posts Tagged ‘Lee C. Chipongian’

Nestor A. Espenilla Jr.

BSP ‘in control’ of peso exchange rate

By Lee C. Chipongian The central bank has a firm “control” of the exchange rate market and the peso at P51:$1 will gradually adjust to…

Bangko Sentral ng Pilipinas (BSP.GOV.PH / MANILA BULLETIN)

BSP amends rules on bank directors

By Lee C. Chipongian  The Bangko Sentral ng Pilipinas (BSP) will require banks to have non-executive board directors and up to two independent officials for…


FDI net inflows drop to $874 million in April

By Lee C. Chipongian The Bangko Sentral ng Pilipinas (BSP) yesterday said it registered $874 million in net foreign direct investments (FDI) in April, 61.1…

Flag of Philippines

PH external net liability down 10%

By Lee C. Chipongian A higher total external financial assets and a cut in liabilities pushed the Philippines’ net liability position down to $27.5 billion…

Bangko Sentral ng Pilipinas (BSP) logo

FCDU loans up 19.6% in 1 – BSP

By Lee C. Chipongian Banks’ foreign currency deposit units (FCDUs) had total outstanding loans of $14.3 billion as of end-March, 19.6 percent higher compared to…