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Treasury & Capital Markets
BSP tightens rules for banks shifting to digital model
New requirements aimed at ensuring that lenders can adequately manage risks, complexity and scale of transformation
Patricia Chiu
12 Oct 2026
The Bangko Sentral ng Pilipinas ( BSP ), the Philippines’ central bank, is tightening rules for thrift, rural and cooperative banks ( TB, RB and coop banks ) wishing to convert their licences into digital banks, as well as existing banks operating a digital-forward business similar to a digital bank.