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                    [ArticleID] => 250311
                    [Title] => FCDU deposits down slightly
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) reported a slight decline in the level of foreign currency deposit unit (FCDU) to $13.746 billion on April 30 from $13.790 million ending April 23. 


BSP Acting Governor Alberto V. Reyes said there is no cause for alarm since the drop in the FCDU deposit liabilities was just part of the regular withdrawal of dollars during the weekend. 


                    [DatePublished] => 2004-05-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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                    [ArticleID] => 249090
                    [Title] => BSP keeps interest rates unchanged
                    [Summary] => With the general elections only days away, the Monetary Board of the Bangko Sentral ng Pilipinas decided to keep interest rates steady, expecting no improvement in economic activity that could possibly create demand for funds. 


Despite the increases in transport, utility and fuel prices, the BSP said these were factors outside monetary policies and required no monetary action. 


The MB met yesterday to discuss the possibility of adjusting the monetary policies of the BSP, but officials said there was no compelling reason to lift a finger at this point. 


                    [DatePublished] => 2004-05-07 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] =>  Des  Ferriols
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                    [Title] => BSP tightens up on compliance system of banks
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) is tightening up on the compliance programs of the banking industry by making the boards of directors responsible for their banks’ compliance with banking rules and regulations. 


The BSP is issuing a new memorandum circular requiring banks to align their compliance programs with the provisions of the Basle Convention. 


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                    [AuthorName] =>  Des  Ferriols
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                    [Title] => BSP directs banks to set up back-up systems
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) has instructed banks to prepare contingency plans to ensure the continuity of business during emergency situations that could interrupt banking operations in their primary locations.
                    [DatePublished] => 2003-10-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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ACTING GOVERNOR ALBERTO V

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                    [Title] => FCDU deposits down slightly
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) reported a slight decline in the level of foreign currency deposit unit (FCDU) to $13.746 billion on April 30 from $13.790 million ending April 23. 


BSP Acting Governor Alberto V. Reyes said there is no cause for alarm since the drop in the FCDU deposit liabilities was just part of the regular withdrawal of dollars during the weekend. 


                    [DatePublished] => 2004-05-17 00:00:00
                    [ColumnID] => 133272
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                    [Title] => BSP keeps interest rates unchanged
                    [Summary] => With the general elections only days away, the Monetary Board of the Bangko Sentral ng Pilipinas decided to keep interest rates steady, expecting no improvement in economic activity that could possibly create demand for funds. 


Despite the increases in transport, utility and fuel prices, the BSP said these were factors outside monetary policies and required no monetary action. 


The MB met yesterday to discuss the possibility of adjusting the monetary policies of the BSP, but officials said there was no compelling reason to lift a finger at this point. 


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                    [ColumnID] => 133272
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                    [Title] => BSP tightens up on compliance system of banks
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) is tightening up on the compliance programs of the banking industry by making the boards of directors responsible for their banks’ compliance with banking rules and regulations. 


The BSP is issuing a new memorandum circular requiring banks to align their compliance programs with the provisions of the Basle Convention. 


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                    [Title] => BSP directs banks to set up back-up systems
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) has instructed banks to prepare contingency plans to ensure the continuity of business during emergency situations that could interrupt banking operations in their primary locations.
                    [DatePublished] => 2003-10-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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abtest

FCDU deposits down slightly

By Donnabelle L. Gatdula | May 17, 2004 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) reported a slight decline in the level of foreign currency deposit unit (FCDU) to $13.746 billion on April 30 from $13.790 million ending April 23. BSP Acting Governor Alberto...

Business

BSP keeps interest rates unchanged

By Des Ferriols | May 7, 2004 - 12:00am

With the general elections only days away, the Monetary Board of the Bangko Sentral ng Pilipinas decided to keep interest rates steady, expecting no improvement in economic activity that could possibly create demand...

Business

BSP tightens up on compliance system of banks

By Des Ferriols | May 3, 2004 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) is tightening up on the compliance programs of the banking industry by making the boards of directors responsible for their banks’ compliance with banking rules and regulations....

Business

BSP directs banks to set up back-up systems

By Des Ferriols | October 12, 2003 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) has instructed banks to prepare contingency plans to ensure the continuity of business during emergency situations that could interrupt banking operations in their primary ...

Business