QUEZON City, Philippines (Eagle News) — The Landbank of the Philippines issued an advisory that it was suspending automated teller machine or ATM transactions this weekend. The suspension starts from 10:00 in the evening, Saturday, June 24, to 3:00 in the afternoon, Sunday, June 25. The suspension of ATM operations was in view of a system maintenance aimed at the adoption of EMB technology mandated by the Bangko Sentral ng Pilipinas (BSP).
Tag: Bangko Sentral ng Pilipinas
Appointment of Nestor Espenilla Jr., as the new Governor of BSP
Presidential Spokesperson Ernesto Abella on Monday, May 8, announced the appointment of Nestor Espenilla Jr. as the new governor of the Bangko Sentral ng Pilipinas (BSP) at the Rizal Hall in Malacañang.
BSP, kinukonsidera ang mabilis na pagbubukas ng bank accounts
(Eagle News) — Kinukonsidera ng Bangko Sentral ng Pilipinas na gawing madali sa publiko ang pagbubukas ng basic bank account. Ayon sa BSP, dapat ay mababa ang requirements, walang bayad, aberya at maintaining balance. Target ng BSP ang beneficiaries ng Conditional Cash Transfer Program na magbukas ng bank accounts dahil sa sa ganitong paraan ay direktang mapupunta ang kanilang pera sa account sa pamamagitan ng national retail payment system. Batay sa 2014 Consumer Finance Survey […]
Overseas remittances nitong Enero, nasa $2.2 bilyon; tumaas ng 8.6 %
(Eagle News) — Tumaas ng 8.6 percent (%) ang overseas remittances nitong Enero, ayon sa datos ng Bangko Sentral ng Pilipinas. Sinabi ni BSP Governor Amando Tetangco, nasa sa 2.2 bilyong dolyar ang mga naipadalang pera ng mga Overseas Filipino Workers sa bansa. Nasa 1.8 bilyong dolyar naman ang remittances ng mga land-based worker. Pangunahing mga bansa na nagbigay ng remittance ay nagmula sa Estados Unidos, Saudi Arabia, United Arab Emirates, United Kingdom, Japan, Singapore, Hong Kong, Quatar, […]
OFW remittance, tumaas ng 5% noong 2016; pumalo sa $26.9-billion
MANILA, Philippines (Eagle News) — Pumalo sa pinakamataas na antas ang halaga ng perang ipinadala ng mga Overseas Filipino Worker (OFWs) noong nakaraang Disyembre ng 2016. Ayon sa datos ng Bangko Sentral ng Pilipinas, nitong Disyembre 2016, umabot sa 2.56 bilyong dolyar ang ipinadalang pera ng mga OFW na nakabase sa iba’t-ibang bahagi ng mundo sa kanilang mga kaanak dito sa bansa. Ayon sa BSP, ito ang pinakamalaking monthly inflow cash remittance na naitala sa […]
CGMA files bill seeking to limit BSP control over AMLC
MANILA, Philippines (Eagle News) — Former President and now Pampanga Representative Gloria Macapagal-Arroyo filed a bill that seeks to limit the power of the Bangko Sentral ng Pilipinas over the Anti Money Laundering Council (AMLC). The proposed provision made by the former president said that it would “insulate the BSP officials from the actuations of AMLC, especially the political ones which may be influenced by the council officials’ loyalty to their appointing authority.” “The BSP […]
BSP nagpaalala sa publiko na hanggang Dec 31 na lang ang palitan ng lumang pera
(Eagle News) — Hinikayat ng Bangko Sentral Ng Pilipinas (BSP) Iloilo Branch ang publiko na papalitan na ang kanilang mga lumang pera. Paalala ni BSP-Iloilo acting Deputy Director Joanne Marie Castelo, hanggang sa Disyembre 31 na lamang ang deadline para sa pagpapalit ng lumang pera sa mga bangko at branch ng BSP. Pagdating ng Enero 1 ng 2017, hindi na aniya ito maaaring papalitan at wala na rin itong value o halaga. Ang bagong pera […]
BSP releases bank notes with President Duterte’s signature
QUEZON CITY, Philippines (Eagle News) — The Bangko Sentral ng Pilipinas released Php 8.25 billion worth or a total of 27 million pieces of new bank notes featuring President Rodrigo Duterte’s signature. The BSP released 100 boxes containing Php 20, Php 50, Php 100, Php 500 and Php 1000 bills. Each denomination has five million pieces released in the National Capital Region, the rest of Luzon, Visayas and Mindanao. Under Section 53 of Republic Act […]
Demonetization ng mga lumang peso bill, pinalawig hanggang Marso 2017
MANILA, Philippines (Eagle News) — Inanunsyo ng Bangko Sentral ng Pilipinas na pwede pa ring ipapalit ang mga lumang perang papel ng bansa hanggang sa Marso ng susunod na taon. Orihinal na itinakda ang petsa ng demonetization sa December 31, 2016. Ayon pa sa BSP, ang lahat ng lumang salaping papel ay iniimbentaryo. Hanggang nitong 2015, nasa mahigit pitungdaang milyong piraso ng lumang peso-bill ang nasa sirkulasyon pa na nagkakahalaga ng higit 184-billion pesos.
Old peso bills can be exchanged in banks until Dec. 2016 only
Bangko Sentral ng Pilipinas (BSP) encourages individuals who still have old bank notes or peso bills (New Denomination Series ) in their possession to exchange these with the New Generation Currency (NGC) Series in banks until December 31, 2016 only. Old bank notes that have not been exchanged or surrendered will be demonetized or will no longer have monetary value starting January 1, 2017, said BSP La Union Regional Director Rogel Joseph del Rosario during […]
Peso weakens against dollar
QUEZON City, Philippines (Eagle News) — After seven years, the peso reached its lowest exchange rate against the United States dollar at Php 48.26 per $1.00. Budget Secretary Benjamin Diokno assured the public’s worry about higher inflation rate and said that the purchasing power of the peso remains. The trading closed to P48.28 on Tuesday (September 27). Almost $525 million went to volume traded. Earlier, Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. said that […]
BSP against amendment of bank secrecy law
QUEZON CITY, Philippines (Eagle News) — The Bangko Sentral ng Pilipinas (BSP) expressed misgivings regarding the amendment of the bank secrecy law, stating that such amendments may make it easier for “dirty” and laundered money to enter the country. Earlier, Senator Panfilo Lacson and Senator Aquilino Pimentel, separately proposed amendments on the Bank Secrecy Law exempting elected and appointed government officials and employees. BSP, on the other hand, wants stronger enforcement powers as well as […]





