Central Bank in the Philippines
The BSP extends discounts, loans and advances to banking institutions in order to influence the volume of credit consistent with objective of price stability. It also grants loans or advances to banking institutions in precarious financial condition or under serious financial pressures, subject to certain conditions. When availing of the loan facilities of the BSP, […]
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Head Office
A. Mabini St. cor. P. Ocampo St., Malate Manila, Philippines 1004Product Features
| Min. financing amount | ₱ 0 |
| Max.financing amount | ₱ 0 |
| Min. loan tenure | 0 months |
| Max. loan tenure | 0 months |
FAQ
BSP may have some effect on the prices of goods and services and achieve its inflation goals by controlling the money supply. In conducting OMO, the BSP uses two instruments: (1) repurchase (repo)/reverse repurchase (reverse repo) agreements and (2) outright purchases and sales of securities
BSP has 20 branches throughout the country, a full list can be found on the website http://www.bsp.gov.ph/contact/regional.asp
Overview of the BSP. The Bangko Sentral ng Pilipinas (BSP) is the central bank of the Republic of the Philippines. It was established on 3 July 1993 pursuant to the provisions of the 1987 Philippine Constitution and the New Central Bank Act of 1993.
Contacts
| Full company name | Central Bank of The Philippines |
| Address | A. Mabini St. cor. P. Ocampo St., Malate Manila, Philippines 1004 |
| Phone number | (632) 8 708.77.01 |
| bspmail@bsp.gov.ph | |
| Social networks |
The BSP extends discounts, loans and advances to banking institutions in order to influence the volume of credit consistent with objective of price stability. It also grants loans or advances to banking institutions in precarious financial condition or under serious financial pressures, subject to certain conditions.
When availing of the loan facilities of the BSP, private banks assign to BSP their receivables including the collaterals. Upon failure of these banks or their borrowers to pay their loans, the BSP forecloses these real properties. Banks also pay their loans with properties under a dacion en pago agreement. As such, the BSP has acquired assets which it administers, preserves and disposes properly.