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PH financial system to stay up and running amid virus pandemic, says BSP
The Bangko Sentral ng Pilipinas (BSP) is implementing measures to ensure the continued operation of the Philippine financial system amidst adjustments for COVID-19.
BSP Governor Benjamin Diokno announced that financial market supervision and bank check clearing operations will proceed from the BSP's Quezon City office while the Manila headquarters undergoes disinfection.
Diokno himself will be undergoing self-quarantine along with other economic managers due to possible exposure to a COVID-19 carrier.
The Monetary Board's regular meeting has been rescheduled and will be conducted at the Quezon City compound, with some officials joining via video conferencing.
Work at the BSP head office and Security Plant Complex has been suspended for two days to allow for thorough preventive sanitation.
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Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno is undergoing self-quarantine after potential exposure to a COVID-19 positive individual.
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Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno has tested negative for COVID-19.
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The Bangko Sentral ng Pilipinas (BSP) is urging banks and financial institutions to prepare contingency plans against COVID-19, including work-from-home options, to safeguard employees and ensure continued public access to financial services.
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The Department of Finance (DOF) and the Bangko Sentral ng Pilipinas (BSP) suspended work to disinfect their premises due to potential COVID-19 exposure.
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The Bangko Sentral ng Pilipinas (BSP) has urged banks to offer financial relief, including suspending online banking fees and granting a grace period for loan payments, amid the COVID-19 pandemic and enhanced community quarantine.
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