banking

BIZ BUZZ: Veloso: ‘I have no agenda’

Jose Arnulfo “Wick” Veloso is no stranger to boardroom battles, given his nearly four decades…

Nomura: BSP likely to stay dovish

The Bangko Sentral ng Pilipinas (BSP) is expected to stay dovish for longer, with Nomura…

Banner year seen for ‘Big 3’ banks

The country’s three largest publicly listed banks are all set for a banner year, with…

PH remittances grew at a faster 3.2% in Aug. 

Remittances from overseas Filipinos grew at a faster clip in August, reflecting their resilience amid…

PH gets $400-M ADB loan for insurance sector

The Asian Development Bank (ADB) on Tuesday announced a $400-million policy-based loan to help boost…

Fitch: Infra graft probe may hurt PH banks’ loan quality

The deepening probe into anomalous flood control projects could hurt the asset quality of Philippine…

Traders await remittances data, Fed hints 

Traders would likely wait this week for cues on what the American central bank’s next…

Bad bank loans climbed to nine-month high in August

Bad loans in the Philippine banking system climbed to a nine-month high in August, as…

BPI Wealth opens Singapore branch at Marina Bay

The wealth management unit of Bank of the Philippine Islands (BPI) has expanded to Singapore.…

FDI climbed to 12-mo high in July

Foreign direct investments (FDI) in the Philippines climbed to a 12-month high in July after…