Company Overview of Bangko Sentral Ng Pilipinas
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
Founded in 1993
Key Executives for Bangko Sentral Ng Pilipinas
Compensation as of Fiscal Year 2014.
Bangko Sentral Ng Pilipinas Key Developments
Bangko Sentral Ng Pilipinas Reports Earnings Results for the Year of 2014
Mar 18 15
Bangko Sentral Ng Pilipinas reported earnings results for the year of 2014. The bank posted a net loss of PHP 11.31 billion in 2014, more than half the PHP 25.05 billion in losses recorded a year earlier. Revenues declined 11% to PHP 50.26 billion from PHP 56.58 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 - fell by 30% to PHP 16.97 billion and interest earnings barely grew to PHP 33.28 billion from PHP 32.43 billion a year ago.
Bangko Sentral ng Pilipinas Announces Earnings Results for the Eleven Months Ended November 2014
Feb 20 15
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
Dec 15 14
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.
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