Page 97 - Bsp News Today

 

 

Mayawati said that BSP would not ally with any political party in any of the elections in future.

BSP constructs a sheltered patient waiting area at the Namau Nursing station

Rediscounting loans extended by the Bangko Sentral ng Pilipinas to local banks for their capital asset expenditures amounted to P15.3 billion in 2022, a dramatic increase from a paltry P6.12 million in 2021.

Bad debts of Philippines banks continued to fall, translating to a lower non-performing loan ratio for nine consecutive months to hit its lowest level in more than two years, according to the Bangko Sentral ng Pilipinas.

The Bangko Sentral ng Pilipinas may resume the reduction of the reserves banks are required to keep with the central bank within the first half, as part of its commitment to bring down the level to single digit this year.

British banking giant HSBC sees the Bangko Sentral ng Pilipinas maintaining higher interest rates until the first half of next year after raising rates by a total of 75 basis points this year.

 

The Bangko Sentral ng Pilipinas has closed down a problematic bank in Isabela, the first bank to be shuttered by the central bank this year.