banking

BIZ BUZZ: ALI gets a new CFO after 8 years

Just as his stint as AREIT Inc.’s president and CEO ended, Jose Eduardo Quimpo II…

BSP SOPS for holidays, emergencies streamlined

The Bangko Sentral ng Pilipinas (BSP) has rolled out streamlined operating procedures to guide financial…

ADB flags political, regulatory risks to PPPs

Political and regulatory uncertainty remains one of the biggest hurdles for public-private partnerships (PPP) in…

June remittances rose to 6-mo high of $2.99B

Money sent home by Filipinos abroad climbed to a six-month high in June, lifted by…

Moody’s: Asia-Pacific banks well-capitalized amid tariff woes

Banks across Asia-Pacific, including in the Philippines, are expected to withstand the shock of new…

GT Capital relies on core biz to keep momentum in H2

Ty family-led GT Capital Holdings Inc. is confident that the strength of its businesses would…

BIZ BUZZ: Salmon dishes on juicy deposit rate 

Digital-focused rural bank Salmon is making waves with its jaw-dropping promise of up to 8.88…

‘Zero Hunger’ program gets $400M from ADB

The Asian Development Bank (ADB) has approved a $400-million loan to the Philippines to help…

Bad loans slip to 3-mo low, but banks cautious

Bad loans in the Philippine banking system fell to a three-month low in June, helped…

Banking boosts LTG earnings to nearly P15B

LT Group Inc. ended the first semester with a 17-percent jump in its bottom line…