‘BSP stance must come with investor market perks’

Quick Summary:

MORE Filipinos could benefit from the monetary policy stance of the Bangko Sentral ng Pilipinas (BSP) if there are more incentives to invest in the capital market, according to a regional think tank.

As of the fourth quarter of 2023, the BSP reported that there were 121.6 million deposit accounts, a 19.7-percent growth from the 101.6 million recorded in the fourth quarter of 2022.

There were a total of 112.3 million depositors as of the last quarter of 2023, a 9.8-percent growth from the 102.2 million recorded in the same period in 2022.

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Article Details

Author / Journalist: Cai U. Ordinario

Category: BusinessStartups

Markets: Philippines

Topics: Data Filipinos Million Credit Policy Percent Pongsaparn Quarter 2022 2023 Rate

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-05 @ 16:23:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 535 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 24906111

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 4 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 13 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Publisher ID: #37

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