Central Bank of 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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Central Bank of The Philippines
A. Mabini St. cor. P. Ocampo St., Malate Manila, Philippines 1004
(632) 8 708.77.01, bspmail@bsp.gov.ph
Interest rate 0% - 0%
Loan tenure from 0 to 0 months
Approval duration Up to 0 hours
Min. monthly income

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.

Head Office

A. Mabini St. cor. P. Ocampo St., Malate Manila, Philippines 1004

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
E-mail bspmail@bsp.gov.ph
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