Headquarters | BSP Complex, Roxas Boulevard, Manila, Philippines |
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Coordinates | 14°33′39″N 120°59′18″E / 14.56083°N 120.98833°E |
Established | January 3, 1949 July 3, 1993 (reestablished as per the New Central Bank Act) |
Ownership | Independent to government/sui generis |
Governor | Eli M. Remolona, Jr. |
Central bank of | Philippines |
Currency | Philippine peso PHP (ISO 4217) |
Reserves | US$107.71 billion[1] |
Bank rate | 3.50% |
Preceded by | Central Bank of the Philippines (1949–1993) Philippine National Bank (1916–1949) |
Website | www |
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 January 3, 1949, and then re-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]