Bangko Sentral ng Pilipinas

This article is about the central bank in the Philippines. For the Philippine scouting organization also abbreviated as "BSP", see Boy Scouts of the Philippines. For other uses, see BSP (disambiguation).

Bangko Sentral ng Pilipinas
The multi-storey building of the BSP Complex in Manila
HeadquartersBSP Complex, Roxas Boulevard, Manila, Philippines
Coordinates14°33′39″N 120°59′18″E / 14.56083°N 120.98833°E / 14.56083; 120.98833
EstablishedJanuary 3, 1949 (1949-01-03)
July 3, 1993 (1993-07-03) (reestablished as per the New Central Bank Act)
Ownership100% state ownership, but independent of government
GovernorEli M. Remolona, Jr.
Central bank ofPhilippines
CurrencyPiso
PHP (ISO 4217)
ReservesUS$107.71 billion
Bank rate5.25% (as of June 20, 2025)
Preceded byCentral Bank of the Philippines (1949–1993)
Philippine National Bank (1916–1949)
Websitewww.bsp.gov.ph

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 January 3, 1949, and then re-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. President Rodrigo Duterte signed.

This article is issued from Wikipedia. The text is available under Creative Commons Attribution-Share Alike 4.0 unless otherwise noted. Additional terms may apply for the media files.