BSP closes down Cooperative Bank of Bohol

The Bangko Sentral ng Pilipinas (BSP) has shut down the Cooperative Bank of Bohol

BSP closes Opportunity Kauswagan Bank

The Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) prohibited Opportunity Kauswagan Bank, Inc. from doing business in the Philippines through MB Resolution No. 1635.B dated December 2, 2021, which also directed the Philippine Deposit Insurance Corporation (PDIC), as Receiver, to proceed with the takeover and liquidation of the bank.

BSP launches P5,000 Lapu-Lapu bill, coin

The Bangko Sentral ng Pilipinas (BSP) and the National Quincentennial Committee (NQC) launched on Monday the P5,000 Lapu-Lapu Commemorative Banknote and Medal to kick off the 99-day countdown to the 500th anniversary of the “Victory at Mactan.”