Headquarters | BSP Complex, Roxas Boulevard, Manila, Philippines |
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Coordinates | 14°33′39″N 120°59′18″E / 14.56083°N 120.98833°E |
Established | January 3, 1949 July 3, 1993 (reestablished as per the New Central Bank Act) |
Ownership | Independent of government |
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 |
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]
ra7653
was invoked but never defined (see the help page).