Tag: Bangko Sentral ng Pilipinas

Kumalat na pekeng P10,000 hawak na ng BSP

(Eagle News) – Natunton na ng Bangko Sentral ng Pilipinas (BSP) ang 10,000 libong pisong kumalat sa social media. Kinumpiska na ng BSP ang mga pekeng pera. Sinabi ni Joy Lorico, managing director ng currency management ng BSP, sa Pampanga nila nakuha ang pekeng pera at nag-iisa lang ang kopya nito. Naging viral sa social media ang P10,000 perang papel kaya agad na nagpalabas ang Bangko Sentral ng abiso sa kanilang facebook account. Nilinaw ng […]

BSP, naglabas ng ‘general alert reminder’ kasunod ng cyber attack vs. Malaysia Central Bank

MANILA, Philippines (Eagle News) — Inalerto ng Bangko Sentral ng Pilipinas (BSP) ang mga local financial institutions kasunod ng cyber attack sa Malaysian Central Bank. Ayon kay BSP Governor Nestor Espenilla, inilabas nila ang isang general alert reminder matapos na makatanggap sila ng advisory mula sa Bank Negara Malaysia (BNM) na kailangan maging mas maingat sa long holiday sa bansa. Iginiit ni Espenilla na ang “information sharing” na ito ay bahagi ng kanilang pinaigting na […]

WATCH: BSP reveals new-generation coins in teaser video

(Eagle News) — The Bangko Sentral ng Pilipinas on Monday released a teaser video on the New Generation Currency Coin Series. The  video posted on the BSP’s Facebook account showed the physical appearances of the P1, P5, and P10 coins. The P10 coin features hero Apolinario Mabini and at the back, the kapa-kapa plant. The BSP said the coin was also “milled with edge lettering.” The P5 coin, the BSP said, features Andres Bonifacio and at […]

BSP admits “faceless” P100 bills due to “printing error”

(Eagle News) –The Bangko Sentral ng Pilipinas  on Thursday admitted that the “faceless” P100 bills were due to a “printing error.” “We have resolved the mechanical cause of printing error that led to the faceless notes,” BSP managing director Carlyn Pangilinan said. According to Pangilinan, the error was “isolated.” She said 33 misprinted P100 bills were released to the public. Of the 33, 19 have been recovered. She said that the “affected machine” has been identified […]

BSP: Members of the public should bring “faceless bill” to us if they come across it

(Eagle News) – The Bangko Sentral ng Pilipinas on Thursday called on members of the public to come forward should they come across a “faceless” bill. “Pakiusap sa mga tao, pag may nakuhang ganyan, maaari pong dalhin sa BSP. Kung napatunayan naming na totoo ang pera, papalitan namin agad,” Carlyn Pangilinan, head of the BSP’s currency management sector, said in an interview over radio dzbb. According to Pangilinan, they could also go to the nearest […]

Senator Binay asks BSP to consider a halt in issuance of new P5 coins; says they “create confusion”

(Eagle News) — Senator Nancy Binay on Wednesday said the Bangko Sentral ng Pilipinas should consider suspending the issuance of new generation coins. Binay, chair of the Senate trade, commerce and entrepreneurship committee, said that while NGCs have a “new and fresh design,” and could address the issue of security, the new P5 coins in particular look a lot like the P1 coins existing in circulation, and could therefore create confusion. The new P5 coins now carry […]

BSP, BPI probe “faceless” P100 bills incident

(Eagle News) — The Bangko Sentral ng Pilipinas is now looking into why a netizen withdrawing money from an automated teller machine was given “faceless” P100 bills instead. In a statement, the Bank of the Philippine Islands said it was also probing the matter. “We will provide updates once available,” BPI said. In her Facebook account, Earla Anne Yehey posted pictures of the P100 bills she said she withdrew. They do not have the face […]

Bagong P5 barya, tatanggapin ng train ticket vending machines sa March 2018

MANILA, Philippines (Eagle News) — Inaasahang sa March 2018 pa tatanggapin ng ticket vending machines sa mga istasyon ng tren ang bagong P5 barya na inilabas ng Bangko Sentral ng Pilipinas (BSP). Inabisuhan ng operator ng Light Rail Manila Corporation (LRMC) ang publiko na i-double check ang kanilang barya upang iwas-abala dahil aayusin pa ang ticket vending machines. Maaari namang bumili ng mga ticket at magpapapalit ng mga lumang barya sa station tellers. Ang pagsasaayos […]

Bonifacio replaces Aguinaldo in new P5 coin; BSP says new coin to be released this December

  (Eagle News) – The Bangko Sentral ng Pilipinas announced the release in advance of the new P5 coin that will feature the portrait of Philippine revolutionary hero, Gat Andres Bonifacio, instead of the previous image of Emilio Aguinaldo who is officially recognized as the first Philippine President. The BSP said that five peso coin in the New Generation Currency (NGC) Coin Series which featured Bonifacio on the obverse or front side “highlights the 120th […]

BSP sanctions Metrobank for P1.75-B internal fraud

(Agence France Presse) — One of the Philippines’ biggest banks has been sanctioned over alleged fraud by one of its executives, the central bank said Tuesday. The penalties were imposed on the Metropolitan Bank and Trust Company (MBTC) after one of its vice presidents was arrested in July on suspicion of stealing 1.75 billion pesos ($34.5 million) from the bank. Some directors and officers at MBTC, better known as Metrobank, will also be suspended, the […]

IMF outlook for PHL economy remains “favorable despite external headwinds”

(Eagle News) — The International Monetary Fund’s outlook for the Philippine economy remains “favorable despite external headwinds.” In a statement, the IMF predicted the country’s Gross Domestic Product growth  at 6.6 percent for 2017 and 6.7 percent for 2018. It said this was “owing to continued robust domestic demand.” “Inflation is expected to stay near the center of the (Bangko Sentral ng Pilpinas’) target band due to stable commodity prices and well-anchored inflation expectations. The current […]

BSP extends deadline regarding exchange of old bills

QUEZON CITY, Philippines (Eagle News) — The Bangko Sentral ng Pilipinas extended the deadline regarding the exchange of old bills, or the so-called “New Design Series” (NDS) banknotes, with the new banknotes or the “New Generation Currency” until December 29 this year. The extension was granted due to numerous requests from the public. This is the fourth extension granted by the BSP. Old bills or the NDS banknotes dating from 1985 were devalued starting January […]