BSP, IFC partner to boost lending through movable assets
The Bangko Sentral ng Pilipinas (BSP) and the International Finance Corp. (IFC) signed an agreement to promote the use of movable assets for loans, to help more micro, small, and…
Visa, BSP discuss financial inclusion, fraud prevention
On Feb. 5, 2025, leaders of digital payments processor Visa met with officials from the Bangko Sentral ng Pilipinas (BSP) to discuss ways to increase access to financial services and…
BSP, DOLE encourage shift to digital wage payments
The Bangko Sentral ng Pilipinas (BSP) and the Department of Labor and Employment (DOLE) are encouraging labor and employer sector leaders to adopt digital wage payments. This push was emphasized…
BSP launches Paleng-QR Ph Plus in Tagbilaran City
The Bangko Sentral ng Pilipinas (BSP) brings its “Paleng-QR Ph Plus” program to Tagbilaran City in Bohol as part of expanding digital payments in the Philippines. Launched on Jan. 10,…