Tag: Monetary Policy
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Bangko Sentral ng Pilipinas Maintains Steady Policy Rates Amid Global Uncertainty
On February 13, 2025, the Bangko Sentral ng Pilipinas (BSP) announced that it would keep its policy rates unchanged, a decision influenced by the prevailing global economic uncertainties. Governor Eli Remolona Jr. shared this during a press briefing at the BSP’s Manila office, emphasizing that the Monetary Board’s decision to maintain the target reverse repurchase…
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Philippine Banks’ Non-Performing Loan Ratio Hits One-Year Low
In Manila, the non-performing loan (NPL) ratio for Philippine banks dropped to its lowest point in a year, reaching 3.27 percent in December of the previous year. According to the Bangko Sentral ng Pilipinas (BSP), this figure marks the lowest NPL ratio since it was at 3.24 percent in December 2023. The ratio had been…
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Philippine Banks’ Non-Performing Loans Hit One-Year Low
In a positive turn for the Philippine banking sector, the ratio of non-performing loans (NPLs) to total loans dropped to a one-year low of 3.27 percent in December of the previous year. This figure, reported by the Bangko Sentral ng Pilipinas (BSP), marks the lowest NPL ratio since it stood at 3.24 percent in December…
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