Tuesday, 13 May 2025
21 Feb 2025
8:52PM
BPI: BSP injects P300B liquidity, balancing bank support, inflation risks
Local banks are getting a competitive boost as the Bangko Sentral ng Pilipinas (BSP) slashes the reserve requirement ratio (RRR) by 200 basis points, injecting at least P300 billion into the financial system, according to the Bank of the Philippine Islands (BPI).
20 Sep 2024
3:27PM
BSP orders sharp bank reserve cuts starting Oct 25 to lower borrowing costs across the economy
By reducing the reserve requirements, banks will have more liquidity to extend credit, potentially improving loan availability and lowering interest rates. This development is seen as a means to enhance financial service pricing across the country.
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