
BSP loosens FX controls to lure foreign capital
In a bid to attract foreign investment and debt, Bangko Sentral ng Pilipinas further relaxed the country’s FX rules. But not all corporate treasurers will have easier access to foreign capital.

Philippine companies wishing to borrow offshore or from the foreign currency deposit units of domestic banks will no longer need prior approval from the central bank, if they intend to use the cash for power or energy-related infrastructure projects or microfinance schemes.
Sign-in to access CorporateTreasurer content.
Please sign in to your subscription to unlock full access to our premium CT resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial. Click the link to get started.
Note: This free trial is a one-time offer. You are eligible for one free trial per year.
If you are a treasurer, CFO or senior finance professional at a corporate, please register to the website here.
Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.
© Haymarket Media Limited. All rights reserved.
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
for unlimited access to all articles, newsletters