P100 bills with stronger violet color start circulating in Cebu

Vanessa Claire Lucero 02/21/2016

When Teresa Radaza went out to buy calamansi (lemonsito) from a local vendor last Thursday, she didn’t expect to be accused of using a fake bill. She had with her a new P100 bill, given to her…

Advice to investors: Amid volatility, pick mutual funds

Vanessa Lucero 02/09/2016

The Philippine stock market is expected to remain volatile this year, but may stabilize after the May 9 elections, a financial services company executive said. Investors are encouraged to continue putting their money in the market, but…

No work at Capitol, BSP to give way to IEC

Izobelle T. Pulgo 01/28/2016

THE Cebu provincial government and the Bangko Sentral ng Pilipinas (BSP) regional office have suspended work tomorrow, January 29, to help ease traffic for the International Eucharistic Congress (IEC) procession. All roads leading to the Capitol will…

Only new banknote series may be used starting Jan. 1

Vanessa Claire Lucero 12/24/2015

BSP: New Design Series banknotes can still be exchanged for New Generation Currency till Dec. 31, 2016 With only one week to go before the year ends, the Bangko Sentral ng Pilipinas (BSP) reminded the public that…

BSP okays Cebu City Hall loan payment scheme

Jose Santino S. Bunachita 11/27/2015

THE Bangko Sentral ng Pilipinas (BSP) approved Cebu City Hall’s plan to prepay its outstanding loan for the South Road Properties (SRP). City Hall only needs the approval of the Japan International Cooperation Agency (JICA) for the…

Feed the Children treats Pasil kids

PR 11/12/2015

Nearly 150 children and their parents  gathered at the Don Bosco Youth Center in Pasil, Cebu City recently to celebrate the Universal Children’s Month. The day- long gathering was organized by Feed the Children and participated in…

Land Bank backs City Hall bid to end SRP loan

Jose Santino S. Bunachita 11/11/2015

THE Land Bank of the Philippines (LBP) supported the Cebu City government’s plan to preterminate its loan for the South Road Properties (SRP). In a letter dated November 9, LBP president Gilda Pico told Bangko Sentral ng…

LBP asked to waive P43M loan penalty

Jose Santino S. Bunachita 11/07/2015

Cebu City Mayor Michael Rama is requesting the Land Bank of the Philippines (LBP) to waive a P43 million penalty for the pre-termination of the city’s loan for the South Road Properties (SRP). In a letter to…

BSP exec: Growth target a challenge

Vanessa Claire Lucero 08/26/2015

Achieving even the low-end of government’s growth target for this year may be a challenge in the face of a volatile peso and the negative sentiment in the equities market, a central bank official said. The peso…

BSP fights scams with Alerto Ako campaign

Aileen Garcia-Yap 09/03/2014

The Bangko Sentral ng Pilipinas (BSP) is encouraging individual consumers to be more proactive in protecting themselves from the different scams and frauds now rampant in the market. The advice came as part of the BSP’s Alerto…

BSP recognizes partners in C. Visayas

Aileen Garcia-Yap 08/18/2014

AS PART of their thrust to forge stronger partnerships with the private sector, the Bangko Sentral ng Pilipinas recognized institutions in Central Visayas and a businessman last Friday particularly for their cooperation in giving timely responses to…

BSP exec gives tips on avoiding ATM fraud

Jose Santino S. Bunachita 05/25/2014

If somebody is standing too close to you when you’re using an Automated Teller Machine (ATM), don’t be afraid to tell him or her to step back. If you still feel uncomfortable, let the other person go…

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