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On September 17, 2008, Bangko Sentral ng Pilipinas Governor Amando M. Tetangco, Jr. announced "due to the uncertainty relating to the financial condition of Lehman Brothers, Banco de Oro Unibank Inc. is setting aside provisions totalling 3.8 billion pesos (80.9 million dollars) to cover its exposure to said entity". Banco de Oro failed to ...
In May 1997, the Bangko Sentral ng Pilipinas, the country's central bank, raised interest rates by 1.75 percentage points and again by 2 points on 19 June. Thailand triggered the crisis on 2 July and on 3 July, the Bangko Sentral intervened to defend the peso , raising the overnight rate from 15% to 32% at the onset of the Asian crisis in mid ...
Rafael Carlos Baltazar Buenaventura (August 5, 1938 – November 30, 2006) was a prominent banker in the Philippines who served as the second Governor of the Bangko Sentral ng Pilipinas (from 1999 to 2005); he served under two Philippine presidents during one of the most tumultuous political transitions in the country's history.
The Governor of the Bangko Sentral ng Pilipinas (Filipino: Tagapangasiwa ng Bangko Sentral ng Pilipinas or simply Tagapangasiwa ng Bangko Sentral [a]) is the chief executive officer of the Bangko Sentral ng Pilipinas, the Philippines' central bank. This position succeeds and replaces the earlier post of Governor of the Central Bank of the ...
Bangko Sentral ng Pilipinas (BSP) signalled earlier this month it planned to hike by that amount at this month's meeting to match the Fed, leading to unanimity among economists in a Nov. 8-14 ...
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.
Asia United Bank Corporation (PSE: AUB, also known in Hokkien Chinese: 亞洲聯合銀行; Pe̍h-ōe-jī: A-chiu Liân-ha̍p Gûn-hâng; & Mandarin simplified Chinese: 亚洲联合银行; traditional Chinese: 亞洲聯合銀行; pinyin: Yàzhōu Liánhé Yínháng), [1] commonly known as Asia United Bank or AUB, is a universal bank in the Philippines and licensed by the Bangko Sentral ng ...
Amando Maglalang Tetangco Jr. (born November 14, 1952) is a Filipino banker, who served as the third Governor of the Bangko Sentral ng Pilipinas (BSP). [1] He was the first BSP governor to serve two terms, [2] having been first appointed to the office by Philippine president Gloria Macapagal Arroyo in July 3, 2005, and reappointed in July 31, 2011 by President Benigno Aquino III to serve ...