Bangko Sentral ng Pilipinas
Central bank of the Philippines / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Bangko Sentral ng Pilipinas?
Summarize this article for a 10 year old
SHOW ALL QUESTIONS
This article is about the Philippine central bank. For the Philippine scouting organization also abbreviated "BSP", see Boy Scouts of the Philippines.
The Bangko Sentral ng Pilipinas (lit. 'Central Bank of the Philippines'; commonly abbreviated as BSP in both Filipino and English) is the central bank of the Philippines. It was established on July 3, 1993, pursuant to the provision of Republic Act 7653 or the New Central Bank Act of 1993 as amended by Republic Act 11211 or the New Central Bank Act of 2019. The principal author was Senator Franklin Drilon. It was signed by President Rodrigo Duterte.[2]
Quick Facts Headquarters, Coordinates ...
Headquarters | BSP Complex, Roxas Boulevard, Manila, Philippines |
---|---|
Coordinates | 14°33′39″N 120°59′18″E |
Established | July 3, 1993; 30 years ago (July 3, 1993) (reestablished as per the New Central Bank Act) January 3, 1949; 75 years ago (January 3, 1949) (as the Central Bank of the Philippines) |
Ownership | Independent to government/Sui generis |
Governor | Eli M. Remolona, Jr. |
Central bank of | Philippines |
Currency | Philippine peso PHP (ISO 4217) |
Reserves | US$107.71 billion[1] |
Bank rate | 3.50% |
Preceded by | Central Bank of the Philippines (1949–1993) Philippine National Bank (1916–1949) |
Website | www |
Close