Banks' cash withdrawals from BSP post slower growth on weak demand

WIRE — TIGHTER ECONOMIC CONDITIONS dampened demand for cash last year, with the growth of banknote and coin withdrawals slowing sharply, data from the Bangko Sentral ng Pilipinas (BSP) showed. The BSP's 2025 Annual Report showed that banks' withdrawals of banknotes from the central bank rose by 6.2% to P1.568 trillion in terms of value last year

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