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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…
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,…
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…
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,…
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…
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,…
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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