Tag: bsp

The bank unexpectedly raised its policy rate to 5.5% to curb inflation amid tensions in the Middle East and a strong El Niño; in contrast, Kazakhstan's central bank has cut rates.

In this exclusive interview, BSP deputy governor Mamerto E. Tangonan, discusses the central bank’s roadmap to a cash-light economy, and why this is so important in a country like the Philippines.

Speaking to reporters at an international media conference last week, the Bangko Sentral ng Pilipinas (BSP) governor, Benjamin E. Diokno, confirmed the central bank has no immediate plans to roll out a digital peso.

The Philippine central bank is resorting to a measure first implemented in the 1997 Asian Financial Crisis. Is this the first sign of a big chill in regional FX markets?

Interest rates rising? Rivals snapping at your heels? The treasurer at one of the Philippines’ biggest petroleum companies tells CT how he poured oil on a troubled interest rate sea.

The Bangko Sentral ng Pilpinas (BSP) said it will shift to an interest rate corridor policy soon. CT looks into what this means for treasurers looking for funding.

The Shanghai Clearing House cracks down on RMB derivative defaulters * BSP grants new entry of banks * China sets guideline on debt management * European banks granted leeway on capital requirement * And much more….

In a bid to attract foreign investment and debt, Bangko Sentral ng Pilipinas further relaxed the country’s FX rules. But not all corporate treasurers will have easier access to foreign capital.

China plans on rolling out more RMB convertibility programmes in FTZs * EU and the US agree on central counterparty clearing requirements * South Korea promises relief to firms in the KIC region * The Philippines further liberalises FX markets * And more…..

Bangko Sentral ng Pilipinas (BSP) is instituting reforms to make its private banking sector more responsive to central rate cuts; China's Insurance Regulatory Commission (CIRC) has liberalised its pricing system for life insurance products; and the Reserve Bank of India (RBI) proposes differential deposit premiums.

The People's Bank of China launches RMB/EUR trading; the Hong Kong financial system weathers protests; and the Reserve Bank of India consults on new regulatory philosophy.