Benjamin Diokno: “It is an honor to serve the Filipino people in my current and any future capacity.” BENJAMIN DIOKNO — Here’s what the BSP chief said after being chosen as finance secretary of President-elect Bongbong Marcos. Diokno is Bongbong’s pick to lead the Department of Finance (DOF). He was supposed to serve as Bangko … Read more
Diokno: “The BSP continues to explore ML applications that can be useful in the conduct of its key functions.” BANGKO SENTRAL NG PILIPINAS — BSP Governor Benjamin Diokno said that the central bank’s big data use will increasingly apply machine learning (ML) applications or techniques such as natural language processing, nowcasting, and banking supervision. Machine … Read more
President Duterte led the presentation of 1000-piso polymer banknotes. PRESIDENT RODRIGO DUTERTE — The Philippine President recently led the presentation of 1000-piso polymer banknotes. On Wednesday night, the President launched with economic managers the new 1000-piso polymer banknote featuring the Philippine eagle. The new polymer banknotes, which the Bangko Sentral ng Pilipinas (BSP) said are … Read more
The Philippines is in a “better position” to weather the impact of geopolitical crises, according to BSP. BSP — The Bangko Sentral ng Pilipinas said that the Philippines is in a “better position” to weather the impact of geopolitical crises. BSP Governor Benjamin Diokno said that the country is in a “better position” to weather … Read more
BSP’s new e-payment rules will ensure the stability of the payments system in the Philippines, according to the BSP chief. BANGKO SENTRAL NG PILIPINAS — BSP Governor Benjamin E. Diokno said that the new e-payment guidelines set by the central bank will ensure the stability of the payments system in the country. In an online … Read more
BSP will not demonetize 20-piso banknotes, according to Diokno. BANGKO SENTRAL NG PILIPINAS — BSP Governor Benjamin E. Diokno said that the central bank will not demonetize the 20-piso banknotes and it will continue to co-exist with the 20-piso coin version. According to the BSP chief, there’s no demonetization of 20-piso banknotes and the central … Read more
BSP Governor Benjamin Diokno said that he’s confident that the Philippines could achieve its growth target in 2022. BANGKO SENTRAL NG PILIPINAS — On Thursday, BSP Governor Benjamin Diokno said that he’s confident the Philippines could still achieve its growth target of 7% to 9% in 2022 despite the recent surge in coronavirus cases. In … Read more
BSP Governor Benjamin Diokno has been named as “Global Central Banker of the Year 2022”. BENJAMIN DIOKNO — Bangko Sentral ng Pilipinas said that the BSP governor was named as “Global Central Banker of the Year 2022”. On Wednesday, the central bank said that Diokno has been named by an international banking magazine owned by … Read more
New polymer P1,000 banknotes will start circulation in mid-2022, according to BSP. BSP — On Thursday, the Bangko Sentral ng Pilipinas said that the new polymer P1,000 banknotes will start circulation in mid-2022. BSP Governor Benjamin Diokno said that the new polymer P1,000 banknotes will start circulation in mid-2022 after the central bank signed a … Read more
BSP Governor will undergo testing for coronavirus disease or COVID-19. Bangko Sentral ng Pilipinas — BSP Governor Benjamin Diokno on Friday said that he would undergo testing for coronavirus disease or COVID-19. This, as BSP Governor Benjamin Diokno said in a text message that he would decide by Monday, March 16, if he could attend … Read more