The Bangko Sentral ng Pilipinas (BSP) announced that it is working with various government agencies and corporate partners in the development of credit scoring models and the establishment of a credit risk database to support Micro, Small, and Medium Enterprises (MSMEs) in the country.
Bangko Sentral ng Pilipinas
The Bangko Sentral ng Pilipinas (BSP), or the central bank of the Philippines, assured the public on Tuesday, August 13, that banks nationwide are not authorized to increase their automated teller machine (ATM) transaction charges without the BSP’s approval.
The Bangko Sentral ng Pilipinas (BSP) announced the approval of new risk management guidelines for all financial investments in banks and quasi-banks (QBs).
Cyber crimes have drastically evolved into more disruptive activities in the past couple of years with criminals taking advantage of the speed of the internet and its backdoor exits for anonymity. The Philippines is not safe from digital criminals who illegally access private information and use this to their advantage.