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Tag: BSP

BSP digitalization
Business

BSP ushers in new era of digital innovation in its 30th year

August 24, 2023 - by Nonoy Taclino - Leave a Comment

In its 30th year, the Bangko Sentral ng Pilipinas (BSP) reaffirms its commitment to adopt global central banking standards and transition to a digital financial system while promoting price stability, …

BSP ushers in new era of digital innovation in its 30th year Read More
Securities and Exchange Commission - SEC
Business

SEC welcomes enactment of Financial Consumer Protection Law

May 27, 2022 - by Nonoy Taclino - Leave a Comment

The Securities and Exchange Commission (SEC) welcomed the enactment of Republic Act No. 11765, or the Financial Products and Services Consumer Protection Act (FCPA) as reinforcement to its mandate of …

SEC welcomes enactment of Financial Consumer Protection Law Read More
OK Bank in Jaro, Iloilo City
Business

BSP closes Opportunity Kauswagan Bank

December 7, 2021 - by Nonoy Taclino - 1 Comment

The Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) prohibited Opportunity Kauswagan Bank, Inc. from doing business in the Philippines through MB Resolution No. 1635.B dated December 2, …

BSP closes Opportunity Kauswagan Bank Read More
Rural Bank of Alimodian Iloilo
Business

BSP closes Rural Bank of Alimodian (Iloilo), Inc.

May 12, 2021 - by Nonoy Taclino - Leave a Comment

The Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) prohibited Rural Bank of Alimodian (Iloilo), Inc. from doing business in the Philippines through MB Resolution No. 539. A …

BSP closes Rural Bank of Alimodian (Iloilo), Inc. Read More

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