4 months Bangko Sentral to remit P20B to govt Manilatimes
The Bangko Sentral ng Pilipinas (BSP) on Thursday said it would remit P20 billion in advance dividends to the national government to further support the Duterte administration in its fight against the coronavirus disease 2019 (Covid-19) pandemic.
In this Dec. 18, 2019 file photo, the Bangko Sentral ng Pilipinas sign is displayed on one side of the central bank’s complex on Roxas Boulevard, Manila. PHOTO BY ENRIQUE AGCAOILI In a statement, the central bank said the advance dividends constitute 87 percent of the estimated total dividends, based on its unaudited financial statements for 2020. The BSP explained that under its newly amended charter, ... more