March 06, 2015 1:57 AM ET

Banks

Company Overview of Bangko Sentral Ng Pilipinas

Company Overview

The Bangko Sentral ng Pilipinas (BSP) is the central bank of the Republic of the Philippines. The bank provides liquidity management, currency issue, lender of last resort, financial supervision, management of foreign currency reserves, determination of exchange rate policy, and micro financing services. Additionally, it develops and formulates guidelines and regulations, monetary policies, and inflation targets. BSP was founded in 1993 and is based in Manila, Philippines.

A Mabini St cor P Ocampo Street

Malate

Manila,  1004

Philippines

Founded in 1993

Phone:

63 2 524 7011

Fax:

63 2 523 6210

Key Executives for Bangko Sentral Ng Pilipinas

Deputy Governor
Deputy Governor
Compensation as of Fiscal Year 2014.

Bangko Sentral Ng Pilipinas Key Developments

Bangko Sentral ng Pilipinas Announces Earnings Results for the Eleven Months Ended November 2014

Bangko Sentral ng Pilipinas announced earnings results for the eleven months ended November 2014. The company trimmed its losses as of November 2014 compared to the same period in 2013, benefitting from lower interest payments and foreign exchange fluctuations. BSP posting a net loss of PHP 5 billion in the 11 months to November, four times lower than the PHP 21.55 billion in losses recorded in the comparable 2013 period. Revenues went down 15% to PHP 42.39 billion from PHP 49.91 billion as the BSP's miscellaneous earnings - which come from fees and commissions, income from acquired assets, and gains from securities trading in the open market - declined by 33% to PHP 15.15 billion and interest earnings ended flat at PHP 27.24 billion from PHP 27.37 billion a year ago.

Bangko Sentral ng Pilipinas Announces Earnings Results for the Ten Months Ended October 2014

Bangko Sentral ng Pilipinas announced earnings results for the ten months ended October 2014. For the period, the company trimmed its losses compared to the same period last year as a fivefold increase in foreign exchange gains and a decline in interest expense offset a 15.1% decrease in revenues. The central bank saw a net loss of PHP 5 billion, narrowing 77% from the net loss of PHP 21.55 billion recorded in the comparable period of 2013. The central bank's revenues hit PHP 42.39 billion, still 15.1% lower, however, than the PHP 49.91 billion recorded in the same period last year, on the back of decreased miscellaneous income.

Bangko Sentral Ng Pilipinas Presents at Philippines Investment Conference 2014, Oct-22-2014 08:45 AM

Bangko Sentral Ng Pilipinas Presents at Philippines Investment Conference 2014, Oct-22-2014 08:45 AM. Venue: Fairmont Makati, Manila, Philippines. Speakers: Diwa Guinigundo, Deputy Governor, Monetary Stability Sector.

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To contact Bangko Sentral Ng Pilipinas, please visit www.bsp.gov.ph. Company data is provided by Capital IQ. Please use this form to report any data issues.

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