Philippine central bank cuts banks' reserve requirements, effective from late March
The Philippine central bank on Friday said it was reducing the reserve requirement ratio (RRR) for banks by 200 basis points ...
manilastandard5h
PH stock market rises on reserve requirement cut
PHILIPPINE stocks made a mild recovery Friday as investors welcomed the reduction in banks’ reserve requirement ratio (RRR).
PhilStar Global on MSN1h
BSP surprises market by slashing banks’ RRR
The Bangko Sentral ng Pilipinas (BSP) surprised markets yesterday as it announced another major reduction in the amount of ...
The Manila Times on MSN54m
BSP frees up liquidity with reserve ratio cuts
THE Bangko Sentral ng Pilipinas (BSP) on Friday said it would be slashing bank reserve requirements in a bid to boost ...
Rappler8h
Bangko Sentral reduces banks’ reserve requirement ratio to 5%
The RRR is often slashed when central banks want to stimulate more economic activity, as it allows banks to have more funds available for lending ...
Philippine Daily Inquirer7h
BSP announces another outsized RRR cut
The Bangko Sentral ng Pilipinas (BSP) on Friday announced another jumbo reduction to bank reserve requirements, a move that would help create easier liquidity conditions in ...
GMA News Online on MSN9h
BSP reminds banks to accept unfit, mutilated currency
The Bangko Sentral ng Pilipinas (BSP) on Friday issued a reminder to all banks to accept unfit or mutilated Philippine ...
Manila Bulletin17h
P330-B liquidity boost: BSP lowers amount banks must keep in reserves to fuel lending
The Bangko Sentral ng Pilipinas (BSP) announced a reduction in reserve requirement ratios (RRRs) to encourage increased ...
BusinessMirror3h
All banks must accept torn, stained bills, exchange them for free–BSP
ALL banks must accept torn, stained or corroded peso bills and coins from the public, and should be exchanged for free, the Bangko Sentral ng Pilipinas (BSP) said on Friday. In a public advisory, the ...
Manila Bulletin17h
BSP lowers amount banks must keep in reserves to fuel lending
The Bangko Sentral ng Pilipinas (BSP) announced a reduction in reserve requirement ratios (RRRs) to encourage increased ...
GMA Network on MSN7h
BSP cuts further banks’ reserve requirements
The Bangko Sentral ng Pilipinas (BSP) on Friday announced the reduction in banks’ reserve requirement ratios (RRR) as part of its efforts to lower the cost of financial transactions in the country.