P20, new P5 coins launched by BSP: ‘More durable, makes sense’

Daxim Lucas - Philippine Daily Inquirer 12/18/2019

After its current coins got bad reviews for being too difficult to distinguish from one another, the Philippine central bank unveiled on Tuesday (Dec. 17) a new coin series which it promises to be easier to use…

Club assures BDO depositors: Bank’s case vs Cebu City won’t affect operations

Victor Anthony V. Silva 04/10/2017

The Cebu Bankers Club (CBC) has assured depositors of BDO Unibank Inc. that the day-to-day operations of the bank will not be affected by recent developments involving the institution and the Cebu City government. In a statement,…

BSP to cash handlers: Learn security features of peso bills

Inna Mejia, Jose Santino S. Bunachita, Victor Anthony V. Silva 01/23/2017

The Bangko Sentral ng Pilipinas (BSP) urged businessmen, vendors and cash handlers to learn how to tell fake bills from the genuine ones by familiarizing themselves with the security features of the Philippine currency. The New Generation…

‘Let go of old bills on or before Dec. 29’

Victor Anthony V. Silva 12/20/2016

The Bangko Sentral ng Pilipinas (BSP) is reminding the public to let go of their old bills or the New Design Series (NDS) bills because these will lose their value or will be demonitized by Jan. 1,…

Public warned against fake bills

Vanessa Claire Lucero 01/13/2016

THE Bangko Sentral ng Pilipinas warned that counterfeit bank notes are likely to circulate during the election period. Leonides B. Sumbi, Bangko Sentral acting director for Central Visayas, said consumers should take note of the distinguishing features…

Bangko Sentral encourages students to save

Vanessa Claire Lucero 10/15/2015

AS PART of its financial literacy campaign, the Bangko Sentral ng Pilipinas (BSP) is visiting selected schools to encourage students to save. Cebu City was the fifth leg, and second to the last stop of the campaign,…

FINANCIAL INCLUSION STRATEGY

Vanessa Claire Lucero 05/27/2015

Lack of access to banks still a major challenge THE lack of access to banks and other financial institutions remains a major challenge in achieving financial inclusion in the Philippines, a central bank official said. As of…

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