BSP Unveils New Design of P5 & P20 Coins New Generation Currency Coin – The Bangko Sentral ng Pilipinas finally unveils the new design of P5 coin and the coin version of P20. Nowadays, coins are very important when it comes to the circulation of money in the Philippine economy. Most Filipino workers such as jeepney … Read more
BSP Announces ATM Services To Increase by P3 Per Transaction The ATM services are set to increase at least P3.00 per transaction to recover their operating costs, according to BSP. The Bangko Sentral ng Pilipinas (BSP) has already allowed several banks to raise ATM fees but they need to comply with particular conditions. The hike … Read more
BSP To Release P20 Coin Version The Bangko Sentral ng Pilipinas is now planning to create a coin version of P20 and might be released around the last quarter of the year 2019. BSP Senior Assistant Governor Dahlia D. Luna announced that they are now finalizing the design of the P20 coin. The idea of … Read more
BSP Executives Still Highest Paid Government Officials According to COA The Commission on Audit (COA) revealed that the executives of the Bangko Sentral ng Pilipinas (BSP) are still the highest paid government officials. BSP executives dominated the list of highest paid government officials based on COA’s Report on Salaries and Allowances (ROSA). The late BSP governor … Read more
Passport Printing Company Says That There Is No Data Breach And The DFA Has All Passport Info DFA – In defense, a passport printing company official said that there was no data breach since the DFA has all the detailed info of passport applicants. APO Production Unit Inc., a government printing company, was allegedly involved … Read more
P21-B Bank Exposure of Hanjin Philippines is Very Insignificant, BSP Says The Bangko Sentral ng Pilipinas (BSP) said that the P21 billion bank exposure of Hanjin Philippines is very insignificant. The debt default of Hanjin Heavy Industries and Construction Philippines (HHIC) spawn fears of possible banking crisis. Hanjin Philippines is the top employer and the … Read more
Basic Commodity Prices Expected To Increase, BSPÂ Says The Bangko Sentral ng Pilipinas (BSP) said that the basic commodity prices are expected to increase again this month of September. Over the past few months, the inflation rate on the prices of basic commodities has been one of the most discussed topics on the social media. The … Read more
Fake Documents Use For New Scam Revealed By BSP The Bangko Sentral ng Pilipinas (BSP) has warned the public to be aware against the new scam using fake documents allegedly issued by the central bank. On Thursday (June 28, 2018), the central bank of the Philippines warned the public against the fraudsters who were using … Read more
BSP Releases Official Statement On Viral P10,000 Banknote The Bangko Sentral ng Pilipinas (BSP) has finally released an official statement disclosing speculation regarding the viral P10, 000 banknote. Over the past few days, the photo of alleged P10, 000 bill spread like a wildfire online after it was posted on the social media. Most of … Read more
Bangko Sentral ng Pilipinas was ordered to return to Bangladesh government the stolen money from the country’s bank account. The Central Bank of Bangladesh may soon receive the portion of the $81 million that was stolen and subjected to money laundering in the Philippines, discovered earlier this year. This was after the order of the … Read more