Professional Documents
Culture Documents
FINANCIAL
SYSTEM
BANGKO SENTRAL
NG PILIPINAS
AND THE BANKING
INDUSTRY
Maintain
Promote
The
It
Responsibilities of BSP
Management
Currency issue
Lender of last resort
Financial Supervision
Management of foreign currency reserves
Determination of exchange rate policy
Other activities
1.
Advocacies
Economic
Information
enhance public awareness on the role of
the BSP in the Philippine economy, and
help manage inflation expectations and
reputational risks.
The BSP initiatives to improve the
Overseas Filipinos (OFs) remittance
environment
Improving access to financial services
Encouraging OFs and their families to
increase savings and investment
Promoting financial learning among OFs
and their beneficiaries
The
Monetary Policy
1.
Rediscounting
Overnight
Clearing Line
Emergency Loans
Lending Rates
Credit Information System (CRIS)
Electronic Rediscounting System
Credit Surety Fund Program
BANKS
(BANKING SECTOR)
Non-bank
financial
institutions
Expanded
banks
Commercial banks
Specialized banks
Thrift banks
Small private banks
Types of banks
Offers
Constitutes
system
Accepts deposits, withdrawals, lending
etc.
Discount and negotiate promissory notes,
drafts, bills of exchange etc.
COMMERCIAL BANKS
Development
GOVERNMENT BANKS
Thrift
THRIFT BANKS
Rural