2025 and shall apply to the local currency deposits and deposit substitute liabilities of banks and non-bank financial institutions with quasi-banking functions,” the BSP said. Reserve requirement ...

BANKS’ reserve requirement ratio (RRR) will be further reduced, the Bangko Sentral ng Pilipinas (BSP) said.In a statement Friday, Feb. 21, 2025, the central ban ...

An updated version of the GENIUS Act, the stablecoin bill proposed by Republican Senator Bill Hagerty, is released today.

The Bangko Sentral ng Pilipinas (BSP) will reduce the reserve requirement ratios (RRRs) by 200 basis points (bps) for universal and commercial banks (U/KBs) and non-bank financial institutions with ...

“The new ratios shall take effect on the reserve week beginning ... financial institutions with quasi-banking functions,” the BSP said. Reserve requirement refers to the portion or percentage ...

TERM DEPOSIT YIELDS fell on Wednesday after the Bangko Sentral ng Pilipinas (BSP) further slashed the reserve requirements for banks and nonbanks.

Health experts caution that certain everyday supplements can harm kidney function long before symptoms appear. Learn which products pose risks.

A summary of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which was recently introduced ...

The aggressively nationalist Kiwi central bank boss Adrian Orr deliberately pushed New Zealand into recession. Australian ...

and the scope of its monetary policy functions is expanding, the report said. Since 2013, the central bank has reduced the reserve requirement ratio (RRR) 29 times, decreasing the average RRR from ...

BANKS' reserve requirements could be reduced to zero before Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr.'s term ends in 2029. "It's in the realm of possibilities," Remolona told The ...