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Keisha Ta-Asan
Keisha Ta-Asan
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BSP may resume easing cycle in April
by Keisha Ta-Asan - March 26, 2025 - 12:00am
The Bangko Sentral ng Pilipinas could resume its easing cycle at its next policy review in April as inflation settles within target and risks to price stability remain moderate, its governor said.
BSP sees wider BOP deficit
by Keisha Ta-Asan - March 26, 2025 - 12:00am
The Bangko Sentral ng Pilipinas has revised its balance of payments forecast this year amid heightened global economic uncertainty, weaker trade growth and subdued investor confidence.
Banks told to enhance surveillance of illegal poll activities
by Keisha Ta-Asan - March 25, 2025 - 12:00am
Banks and financial institutions should be cautious of the potential misuse of their systems for poll-related offenses amid the upcoming midterm elections in May, according to the Bangko Sentral ng Pilipinas.
AMLC targets completion of National Risk Assessment by June
by Keisha Ta-Asan - March 24, 2025 - 12:00am
The Anti-Money Laundering Council (AMLC) aims to complete and publish the country’s third National Risk Assessment (NRA) by June, a key step in strengthening the country’s defenses against money laundering...
Debt service burden goes up to $17.16 billion
by Keisha Ta-Asan - March 24, 2025 - 12:00am
The country’s external debt service burden reached $17.16 billion in 2024, 18 percent higher than the $14.85 billion in 2023, according to latest data from the Bangko Sentral ng Pilipinas (BSP).
Financial system resources hit P33.6 trillion
by Keisha Ta-Asan - March 23, 2025 - 12:00am
The total resources of the country’s financial system grew by almost eight percent as of end-January amid continued asset expansion in bank and non-bank financial institutions, preliminary data from the Bangko...
Philippines to complete national risk assessment this year – AMLC
by Keisha Ta-Asan - March 22, 2025 - 12:00am
The Philippines is set to complete its latest National Risk Assessment (NRA) this year, a crucial measure in ensuring the country remains off the Financial Action Task Force (FATF) gray list following its exit in...
2 rural banks merge as industry consolidation continues
by Keisha Ta-Asan - March 22, 2025 - 12:00am
Two more rural banks have merged as part of ongoing efforts to strengthen the financial sector, with the Bangko Sentral ng Pilipinas (BSP) continuing to promote consolidation for improved risk management.
Metrobank allocates P5 billion for 2025 capex
by Keisha Ta-Asan - March 21, 2025 - 12:00am
Metropolitan Bank & Trust Co. will allocate up to P5 billion for capital expenditure this year, with 70 percent of the budget dedicated to information technology enhancements.
BSP profit surges to P117.6 billion in 2024
by Keisha Ta-Asan - March 21, 2025 - 12:00am
The Bangko Sentral ng Pilipinas  earned P117.6 billion in 2024, nearly five times higher than the P26.5 billion in 2023, amid higher revenues and lower spending.
Over 1 million merchants now using Maya Business
by Keisha Ta-Asan - March 20, 2025 - 12:00am
Maya Business, the enterprise arm of Maya, has surpassed one million registered formal businesses in 2024, as the bank continues to power the majority of the country’s card and QR PH transactions.
Mastercard leverages AI vs digital payments fraud in Philippines
by Keisha Ta-Asan - March 20, 2025 - 12:00am
As digital payments continue to rise in the Philippines, global payments company Mastercard is ramping up its artificial intelligence (AI)-powered fraud prevention efforts to protect consumers and businesses from...
BOP reverts to surplus in February
by Keisha Ta-Asan - March 20, 2025 - 12:00am
The country’s balance of payments  position finally reverted to a surplus in February, ending four months of deficits, according to the Bangko Sentral ng Pilipinas.
Household financial asset ownership rises in Philippines – survey
by Keisha Ta-Asan - March 19, 2025 - 12:00am
More Filipino households now own financial assets, with ownership rates improving significantly during the COVID-19 pandemic, according to the Bangko Sentral ng Pilipinas.
Steady yet modest growth seen for Philippines
by Keisha Ta-Asan - March 19, 2025 - 12:00am
The Bangko Sentral ng Pilipinas expects economic growth to moderate in 2025 and 2026, but still within the government’s target range of six to eight percent.
Inflation could breach target by late 2025 – BSP
by Keisha Ta-Asan - March 18, 2025 - 12:00am
The Bangko Sentral ng Pilipinas warned that inflation could exceed its four percent upper target in the latter part of 2025 due to heightened risks from supply chain disruptions, volatile commodity prices and...
Remittances up 2.9% in January
by Keisha Ta-Asan - March 18, 2025 - 12:00am
Money sent home by overseas Filipino workers grew by 2.9 percent to $3.24 billion in January from $3.15 billion in the same month last year, according to the Bangko Sentral ng Pilipinas.
Foreign debt slips to $137.6 billion in 2024
by Keisha Ta-Asan - March 17, 2025 - 12:00am
The country’s foreign debt slipped slightly to $137.63 billion in end-December 2024 after hitting an all-time high of $139.64 billion in September, mainly due to the appreciation of the dollar against other...
RCBC teams up with fintech company Cashmallow
by Keisha Ta-Asan - March 16, 2025 - 12:00am
Yuchengco-led Rizal Commercial Banking Corp. has teamed up with fintech company Cashmallow to introduce a cardless cash withdrawal service in the Philippines for travelers from South Korea and other countr...
Security Bank grants P3.5 billion loan to ICCP Group
by Keisha Ta-Asan - March 16, 2025 - 12:00am
Security Bank Corp. has granted a P3.5-billion loan facility to support the expansion plans of Science Park of the Philippines, Inc.and Pueblo de Oro Development Corp, both member companies of the ICCP Group.
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