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.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 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]
^"Gross International Reserves". Bangko Sentral ng Pilipinas. Archived from the original on January 22, 2021. Retrieved July 5, 2021.
^"Overview of the BSP". Bangko Sentral ng Pilipinas. Archived from the original on August 6, 2013. Retrieved July 28, 2013.
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