banking

BIZ BUZZ: BSP is ‘Currency Manager of the Year’

T he Bangko Sentral ng Pilipinas (BSP) just scooped up the Currency Manager of the…

RCBC’s P3-B ‘green’ bonds offer 6% yield

Yuchengco-led Rizal Commercial Banking Corp. (RCBC) on Wednesday started its P3-billion bond issuance as it…

Unionbank cops P16B from latest bond offer

To support its expansion plans, Union Bank of the Philippines said it has raised P16…

BSP: Number of fake banknotes surged by 18.4% in 2024

Documented counterfeit banknotes went up by 18.4 percent year-on-year in 2024, which the Bangko Sentral…

Philippine blue chips bounce back on ‘ceasefire’ news

Local stocks rebounded on Tuesday after US President Donald Trump announced a supposed ceasefire between…

BSP wants banks to adopt model risk management

The Bangko Sentral ng Pilipinas (BSP) is proposing regulations that would help financial institutions manage…

BIZ BUZZ: Tan’s first for PH and BDO

The country’s largest bank has clinched another achievement yet again. This time, BDO Unibank Inc.…

Electronic payment of salaries

Nowadays, it is common practice of many companies to pay their employees’ salary and other…

Analysts: War in Middle East may cut short BSP easing

Tensions in the Middle East and the resulting surge in oil prices may force some…

Rate hold in August a ‘possibility,’ says Remolona

The Bangko Sentral ng Pilipinas (BSP) may pause at its next meeting in August if…