BSP starts database project for SMEs

[ad_1] File photo MB. This month, Bangko Sentral ng Pilipinas (BSP) will begin collecting data for its three-year Credit Risk Database (CRD) project that will facilitate small and medium-sized enterprises (SMEs) access to financing from banks. BSP Governor Benjamin E. Diokno announced Thursday that BSP, with experts from Japan, is …

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NBA close to Dec. 22 start date for 2020-21

[ad_1] The National Basketball Players Association is close to a deal that would begin the 2020-21 National Basktetball Association (NBA) season on Dec. 22 with a shortened schedule of 72 games per team, according to ESPN. Athletic previously reported the possibility of a 72-game season that would begin just before …

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Banks maintain P320.80 B rediscount lines with BSP

[ad_1] Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said there are 50 banks, of which 17 are large, which have an active rediscount line worth P320.80 billion with the central bank of September this year. These banks continue to use the BSP rediscount service as a temporary relief …

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BSP strengthens cybersecurity monitoring tools

[ad_1] To ensure the stability of the financial system, Bangko Sentral ng Pilipinas (BSP) is embracing stronger cybersecurity and digital financial oversight to support the digital transformation of all BSP (BSFI) supervised financial institutions. “The COVID-19 pandemic has increased our dependence on technology and digital platforms. But this also forces …

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