LATEST PUBLICATIONS
PIDS Book 2021-01
Revitalizing Philippine Irrigation: A Systems and Governance Assessment for the 21st Century
DP 2020-59
Giving Cash to the Poor: A Study of Pantawid Pamilya Cash Grants Generosity, Frequency, and Modality
DP 2020-58
Exploring the Feasibility of Content Analysis in Understanding International Cooperation in APEC
DP 2020-57
Correlates of Test Performance of 15-year-old Students in the Philippines: Evidence from PISA
Member-Institutions on Spotlight
                     
                           

Bangko Sentral ng Pilipinas (BSP)

The Bangko Sentral ng Pilipinas (BSP) is the central bank of the Republic of the Philippines. It was established on July 3, 1993 pursuant to the provisions of the 1987 Philippine Constitution and the New Central Bank Act of 1993. It has since then functioned as the country’s central monetary authority that enjoys fiscal and administrative autonomy from the national government.

Under the New Central Bank Act, the BSP performs functions such as liquidity management, currency issue, lender of last resort, financial supervision, management of foreign currency reserves, and determination of exchange rate policy. It also acts as the banker, financial advisor, and official depository of the government, its political subdivisions and instrumentalities, and government-owned and -controlled corporations.

Currently, the BSP provides policy directions in the areas of money, banking, and credit. It supervises operations of banks and exercises regulatory powers over nonbank financial institutions with quasi-banking functions.

Know more about BSP here. Click here to access BSP materials in the SERP-P database.