Bangko Sentral ng Pilipinas

Bangko Sentral ng Pilipinas
New BSP Logo since 2020
New BSP Logo since 2020
The Bangko Sentral ng Pilipinas Building in Manila, hosting the Bangko Sentral ng Pilipinas since 1972.
The Bangko Sentral ng Pilipinas Building in Manila, hosting the Bangko Sentral ng Pilipinas since 1972.
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; 75 years ago (January 3, 1949)
July 3, 1993; 31 years ago (July 3, 1993) (reestablished as per the New Central Bank Act)
OwnershipIndependent of government
GovernorEli M. Remolona, Jr.
Central bank ofPhilippines
CurrencyPhilippine peso
PHP (ISO 4217)
ReservesUS$107.71 billion[1]
Bank rate3.50%
Preceded byCentral Bank of the Philippines (1949–1993)
Philippine National Bank (1916–1949)
Websitewww.bsp.gov.ph Edit this at Wikidata

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[2] as amended by Republic Act 11211 or the New Central Bank Act of 2019.[3] The principal author was Senator Franklin Drilon. It was signed by President Rodrigo Duterte.[4]

  1. ^ "Gross International Reserves". Bangko Sentral ng Pilipinas. Archived from the original on January 22, 2021. Retrieved July 5, 2021.
  2. ^ Cite error: The named reference ra7653 was invoked but never defined (see the help page).
  3. ^ Republic Act No. 11211 (February 14, 2019), An Act Amending Republic Act Number 7653, Otherwise Known as "The New Central Bank Act", and for Other Purposes, Official Gazette, retrieved October 14, 2024
  4. ^ "Overview of the BSP". Bangko Sentral ng Pilipinas. Archived from the original on August 6, 2013. Retrieved July 28, 2013.