Bangko Sentral ng Pilipinas

Bangko Sentral ng Pilipinas
BSP Logo
BSP Logo
HeadquartersBSP Complex, Roxas Boulevard, Manila, Philippines
Coordinates14°33′39″N 120°59′18″E / 14.56083°N 120.98833°E / 14.56083; 120.98833
EstablishedJuly 3, 1993 (July 3, 1993) (reestablished as per the New Central Bank Act)
January 3, 1949 (January 3, 1949) (as the Central Bank of the Philippines)
OwnershipIndependent to government/Sui generis
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

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]

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

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