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' 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 amended by Republic Act 11211 or the New ...
The BSP Charter The New Central Bank Act (RA11211) Inaugural holder: Miguel Cuaderno Sr. (as Governor of the Central Bank) Gabriel Singson (as Governor of the Bangko Sentral) Formation: January 3, 1949 (Central Bank) July 3, 1993 (Bangko Sentral) Website: bsp.gov.ph
Digital banks in the Philippines are a new formal category of banks which were only approved by the Bangko Sentral ng Pilipinas (BSP), the country's central bank, in 2020. [1] The first such banks launched in the Philippines were Tonik, Overseas Filipino Bank, and UnionDigital of UnionBank of the Philippines .
Nestor Aldave Espenilla Jr. (12 October 1958 – 23 February 2019) was a Filipino banker who served as the fourth governor of the Bangko Sentral ng Pilipinas (BSP) from 2017 until his death in 2019. He began working for the BSP in 1981 and was a deputy governor under his predecessor Amando Tetangco Jr. [ 1 ] [ 2 ]
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The Center for Agriculture and Rural Development, Inc. (better known as Card Bank, Inc.) is a micro-finance oriented rural bank in the Philippines established in 1997, and is currently regulated by the Bangko Sentral ng Pilipinas. Its main office is located in San Pablo City, Laguna. As of May 2019, Card Bank, Inc. has 750 service offices ...
In 2007, Bangko Sentral ng Pilipinas (BSP) began the 12-year demonetization process of the New Design Series when the New Generation Currency (NGC) project was started the formal conceptualization process, which was a meeting of the minds of people with diverse backgrounds and ideas: central bankers, artists, technocrats, historians, communication experts, and currency printers to further ...
The New Generation Currency series is the only circulating set of notes since August 2, 2019. [12] In 2017, the BSP updated the design of the NGC series banknotes with the following changes: [18] Enlarged the font size of the year of issue (all banknotes) Italicized the scientific names on the reverse (all banknotes)