BSP

E59922

BSP is the Bangko Sentral ng Pilipinas, the central bank of the Philippines responsible for monetary policy, financial stability, and currency issuance.

Aliases (1)

Statements (48)
Predicate Object
instanceOf central bank
government agency
abbreviation BSP
country Philippines
currencyCode PHP
dateEstablished 1993
emblem Seal of the Bangko Sentral ng Pilipinas
governedBy Monetary Board
hasLeaderTitle Governor
headquartersLocation Manila
Philippines
issuesCurrency Philippine peso
jurisdiction Republic of the Philippines
legalBasis New Central Bank Act
Republic Act No. 11211
Republic Act No. 7653
locatedInTimeZone Philippine Standard Time
mandate maintain price stability conducive to a balanced and sustainable growth of the economy
maintain the stability and convertibility of the Philippine peso
promote financial stability
memberOf Bank for International Settlements
International Monetary Fund
SEACEN
nativeLanguage English
Filipino
nativeName Bangko Sentral ng Pilipinas
officialName Bangko Sentral ng Pilipinas
parentOrganization Government of the Philippines
precededBy Central Bank of the Philippines
regionServed Philippines
reorganizedOn 1993
responsibleFor banking supervision in the Philippines
currency issuance in the Philippines
financial stability in the Philippines
monetary policy in the Philippines
payment systems oversight in the Philippines
price stability in the Philippines
sector banking
finance
monetary authority
shortName BSP
supervises commercial banks in the Philippines
non-bank financial institutions with quasi-banking functions in the Philippines
rural banks in the Philippines
thrift banks in the Philippines
universal banks in the Philippines
typeOfMonetaryPolicyFramework inflation targeting
website https://www.bsp.gov.ph


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