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The Bangko Sentral ng Pilipinas (lit. ' Central Bank of the Philippines ' ; commonly abbreviated as BSP in both Filipino and English) is the central bank of the Philippines . It was established on January 3, 1949, and then re-established on July 3, 1993 pursuant to the provision of Republic Act 7653 or the New Central Bank Act of 1993 [ 2 ] as ...
In accordance with Republic Act No. 265, [9] The Bangko Sentral ng Pilipinas or BSP is the central monetary authority of the Republic of the Philippines. It provides policy directions in the areas of money, banking and credit and exists to supervise operations of banks and exercises regulatory powers over non-bank financial institutions.
The council is composed of the governor of the Bangko Sentral ng Pilipinas (BSP) as chairman, and the commissioner of the Insurance Commission(Philippines) (IC) and the chairperson of the Securities and Exchange Commission (SEC) as members. It acts unanimously in the discharge of its functions. [2]
Eli M. Remolona Jr. (born 1952) is a Filipino economist serving as the governor of the Bangko Sentral ng Pilipinas (BSP), the central monetary authority of the Philippines, and the ex officio chairman of the Anti-Money Laundering Council, the central anti-money laundering/counter-terrorism financing authority of the Philippines, under the Bongbong Marcos administration since July 3, 2023.
In some cases, the local-language name is used in English-language practice, e.g. Sveriges Riksbank (est. 1668, current name in use since 1866), De Nederlandsche Bank (est. 1814), Deutsche Bundesbank (est. 1957), or Bangko Sentral ng Pilipinas (est. 1993).
A number of Cabinet members, the Governor of the Bangko Sentral ng Pilipinas, the Chairperson of the Metropolitan Manila Development Authority, the Chief Minister of Bangsamoro, the Secretary of Information and Communications Technology, the Chairman of the Subic–Clark Area Development Corporation, and the National President of the Union of ...
Bangko Sentral ng Pilipinas (BSP) Central Bank – Board of Liquidators (CB-COL) Development Academy of the Philippines (DAP) Philippine International Convention Center (PICC) PHIVIDEC Panay Agro-Industrial Corp. (PPAlC)
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