The Bangko Sentral ng Pilipinas (BSP) is the central bank of the Republic of the Philippines. It was established on 3 July 1993 pursuant to the provisions of the 1987 Philippine Constitution and the New Central Bank Act of 1993. The BSP took over from Central Bank of Philippines, which was established on 3 January 1949, as the country’s central monetary authority. The BSP enjoys fiscal and administrative autonomy from the National Government in the pursuit of its mandated responsibilities.
The BSP’s main goal is keep inflation low and stable inflation to support balanced, sustainable economic growth.
Monetary operations include use of tools to manage demand and supply of central bank money.
Promoting financial stability is a core BSP mandate under Republic Act No. 11211, signed in February 2019.
The BSP supervises banks and regulates finance companies and non-bank institutions with quasi-banking functions.
Payment systems are vital to economic activity, enabling secure and efficient fund transfers.
The BSP has the sole authority to issue the national currency.
The BSP has programs and policies that advance financial inclusion, education, and consumer empowerment.
The BSP provides rediscounts, advances, and loans to banks, the PDIC, and the national government.
Ample international reserves support liquidity during exchange rate or balance of payments volatility.
The BSP manages external debt, foreign investments, and FX transactions.
The BSP’s Economic Education Portal offers learning materials that empower people to make informed financial decisions.
The BSP helps promote the Philippines as an investment destination by communicating the country’s economic strengths and reforms to the global market.
This framework outlines the BSP’s stakeholder-centric, evidence-informed, and results-oriented approach to communication.
English Version
The BSP aims to be recognized globally as the monetary authority and primary financial system supervisor that supports a strong economy and promotes a high quality of life for all Filipinos.
Filipino Version
Naghahangad ang BSP na makilala sa buong mundo bilang pangunahing tagapamahala ng sistema at kaayusan ng pananalapi at ekonomiya upang maitaguyod ang mataas na antas ng kabuhayan para sa lahat ng Filipino.
To promote and maintain price stability, a strong financial system, and a safe and efficient payments and settlements system conducive to a sustainable and inclusive growth of the economy.
Filipino Version
Itaguyod at panatilihin ang katatagan ng presyo ng mga bilihin at ng sistemang pinansyal, at ng mahusay, ligtas at maaasahang pamamaraan ng pagbabayad upang makatulong sa patuloy na paglago ng ekonomiya at pag-angat ng kabuhayan ng lahat ng mga Filipino.
The Monetary Board, chaired by the BSP Governor, oversees monetary policy and financial system supervision. It includes five private sector members and one Cabinet member. The Governor also serves as the BSP’s chief executive officer, managing its operations and administration.
BSP Management is responsible for preparing accurate financial statements in line with Republic Act No. 7653 and applicable Philippine and international financial reporting standards, ensuring they are free from material misstatement.
The Museo Bangko Sentral ng Pilipinas showcases the Bank's collection of currencies.
The BSP regularly conducts Know Your Money (KYM) Programs with gallery tour of the various phases of printing banknotes and security documents.
BSP-acquired properties are available for sale initially through public auction. Search through our list of available properties for sale via the links below:
Click here to download forms.
Interested buyers may inquire through email at acquiredassets@bsp.gov.ph Direct lines: 5306-3417, 5306-2911, 5306-2912, and 5306-3415
