Guide on Tonik Bank Cash Loan Qualifications for Application TONIK BANK CASH LOAN – Here is a guide on who are qualified to apply for the cash loan offer of the digital bank. Amid the COVID-19 pandemic, several applications for a license to operate as a digital bank were approved by Bangko Sentral ng Pilipinas … Read more
BSP Speaks on Philippine Peso-Dollar Exchange Rates Now PHILIPPINE PESO – Bangko Sentral ng Pilipinas (BSP) spoke on the weakening of the Philippine currency to dollar. The exchange rate of Peso and Dollar has reached at least P54.00 for every $1. It sparked concern among many Filipinos amid the overseas Filipino workers (OFWs) benefitting from … Read more
Bangko Sentral Tells Filipinos To Save Money in Banks, Loan Associations BANGKO SENTRAL – The Central Bank of the Philippines is urging the Filipinos to deposit their savings instead of saving money at home. A lot of people invest their money in businesses and investment products but they still take even just a small part … Read more
Update on Credit Card Monthly Interest Rate Allowed under BSP CREDIT CARD MONTHLY INTEREST – Bangko Sentral ng Pilipinas (BSP) spoke on the maximum interest rate allowed on balances of credit cards. A lot of Filipinos have at least one (1) credit card. There are a lot of people who use their credit cards for … Read more
BSP Speaks on 2021 PH Cash Remittances BSP – Bangko Sentral ng Pilipinas revealed the cash remittances of the Philippines in November 2021 and from January to November last year. A huge part of the Filipino populace works abroad. Some are employed on sea-based jobs like the seafarers while others are on land-based jobs in … Read more
BSP Speaks on Boost on PERA Contributors BSP – Bangko Sentral ng Pilipinas said that more Filipinos save for retirement citing the increase in the contributions to PERA. Many people now are wise and practical enough to save not only for the near future but for the retirement years. A lot of individuals want to … Read more
Will the old P1000 Bill still be used? P1000 BILL – Malacañang Palace spoke on the old one thousand peso bill featuring the World War 2 heroes and the new design for the banknote. From time to time, there are changes in the banknotes in the Philippines depending on the decisions of Bangko Sentral ng … Read more
Update on Cash Remittances in PH this October 2021 CASH REMITTANCES – Bangko Sentral ng Pilipinas revealed the country’s total monetary remittances in October 2021. Many Filipinos are working abroad due to bigger salaries – if not, because of a bigger amount they may receive due to the Dollar-Peso coversion. A lot of people chose … Read more
BSP Gives Statement on New Design for P1000 Bill BSP – Bangko Sentral ng Pilipinas spoke on the design of the new P1,000.00 banknote amid the criticisms on the bill design. In the Philippines, the body that facilitates the designs of the banknotes and coins is Bangko Sentral ng Pilipinas or the Central Bank of … Read more
Details about the Tonik Bank Cash Loan Offer – Requirements, Loanable Amounts, Application Process TONIK BANK CASH LOAN – Digital bank Tonik Bank is offering a loan that can release money in as fast as 15 minutes with minimal requirements. Nowadays, loans are not only offered by lending companies and banks on physical operations. There … Read more