MANILA (Reuters) - The Philippine central bank has tightened the noose on large cash withdrawals, ordering banks to conduct "enhanced due diligence" for transactions exceeding 500,000 pesos ($8,748.75 ...

MANILA (Reuters) - The Philippine central bank cut its key policy rate for a third straight meeting on Thursday and signalled that another reduction was still possible this year before it concludes ...

The Philippines central bank will require financial institutions to submit a report within 24 hours of discovering risks linked to money laundering and terrorist financing, as the Southeast Asian ...

Philippines’ central bank has given its approval to digital currency exchange Coins.ph to pilot a Philippine Peso-backed stablecoin called PHPC, the company said last week. The program will come under ...

BDO Private Bank continues to set the benchmark for private banking in the Philippines, delivering tailored financial solutions that align with the complex needs of high net-worth individuals. With a ...

The Financial Action Task Force has also added Laos and Nepal to its list of nations subject to “increased monitoring.” The Financial Action Task Force (FATF) has removed the Philippines from its ...

(Bloomberg) -- In early January, the Philippine peso slid to 59.38 per dollar — its weakest level on record. While it has since recouped some losses, officials have signaled a tolerance for further ...

President Donald Trump ’s ever-changing tariff onslaught is overshadowing the Philippines’ sound economic fundamentals and will likely keep banks selective in deploying funds, according to the head of ...

CEBU, Philippines — Loan growth in the Philippines is accelerating, sharpening the need for stronger safeguards as credit demand surges across households and businesses. Bank lending rose 9.5 percent ...