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Central Bank of the Philippines
(redirected from Bangko Sentral ng Pilipinas)

   Also found in: Acronyms, Wikipedia 0.01 sec.
Central Bank of the Philippines
The supreme monetary authority of the Philippines. It issues the Philippine peso, maintains foreign currency reserves and is charged with maintaining monetary stability. It is also the lender of last resort for Philippine banks. It was established in 1949 and re-chartered in 1993.


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Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr said the continuous flow of money from Filipino expatriates remains a source of strength for the Philippine economy amid the challenging global climate.
Bangko Sentral ng Pilipinas Governor Rafael Buenaventura admitted the central bank had intervened to defend the peso, which closed Tuesday at its lowest point since Jan.
Navarro called the attention of the Bureau of Customs, the Economic Intelligence and Investigation Bureau, as well as the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) on the proliferation of imported coffee.
 
 
 
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