banking

BIZ BUZZ: BDO, SEC scam watch

There’s always something enticing about the promise of making thousands of pesos by just sitting…

Adoption of new FX reporting system moved

The Bangko Sentral ng Pilipinas (BSP) again deferred the full implementation of a new reporting…

Banks’ bad loan ratio eases to 3-month low

Bad loans held by Philippine banks declined to a three-month low in March, as the…

Filinvest group pushing to keep growth momentum amid headwinds 

Filinvest Development Corp. (FDC) is looking to sustain its strong first-quarter performance this year, banking…

Security Bank nets P2.8B, up 7%

The bigger loan book of Security Bank Corp. tempered the impact of higher expenses and…

March remittance growth slowest in 9 months

Money sent home by Filipinos abroad posted the softest growth in nine months in March,…

Tobacco, banking units raised LT Group Q1 earnings to P7.24B

LT Group Inc. posted P7.24 billion in earnings in the January to March period, representing…

UnionBank ups bond plan to P100B

Union Bank of the Philippines might raise more funds from the debt market after doubling…

Bangko Sentral to ease rules on Islamic banking

The Bangko Sentral ng Pilipinas (BSP) wants to relax the regulations covering Islamic banking to…

BIZ BUZZ: DBP Cha-cha vetoed

It would have lapsed into law, but at the 11th hour, the law amending the…