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,…
A TRADE official in Central Visayas has sought the assistance of the Bangko Sentral ng Pilipinas (BSP) in obtaining a breakdown of dollar remittances sent to the Philippines by region. Asteria Caberte, director of the Department of…
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…
Cebu City Councilor Dave Tumulak is asking all internet cafes and printing shops in the city to prohibit the printing of money. He said that printing of currency should only be allowed if it bears the words…
All it took was a computer and a printer in an internet café. Voilà! Fake peso bills were made. Unfortunately for the fake bill maker, policemen got him and seized from him P24,000 worth of fake bills…
The Bangko Sentral ng Pilipinas (BSP) has constantly reminded the public to be vigilant on the proliferation of counterfeit money. Lawyer Leonides Sumbi, BSP Cebu regional director, said the public should be very careful, especially in dealing…
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,…
CEBU CITY–The Bangko Sentral ng Pilipinas (BSP) has reminded the public anew to have their old banknotes exchanged for new ones because these will no longer hold value by Jan. 1, 2017. Lawyer Leonides Sumbi, BSP Cebu…
(Conclusion) WITH the Philippines recognized by the international financial organizations like the World Bank (WB) and the International Monetary Fund (IMF) as Asia’s rising tiger, a Bangko Sentral ng Pilipinas (BSP) official cites the factors that made…
The Bangko Sentral ng Pilipinas (BSP) held its awards ceremony for stakeholders in Central Visayas with the theme “Sustained Partnership, Sustained Economic Growth.” Among the awardees are Muramoto Audio-Visual Philippines Inc., Phil-Japan Metals and Refined Products Co.…
MANILA — Net inflows of job-generating foreign direct investments (FDI) jumped to the highest-ever monthly figure of $2.2 billion in April as the Philippines’ economic star shone in the region and attracted greater investor interest, the Bangko…
AS the May 9 elections draw near, the Bangko Sentral ng Pilipinas (BSP) yesterday urged the public to be “extra vigilant” against counterfeit banknotes. Leonides B. Sumbi, BSP director for Visayas, also stressed that the central bank…
