banking

Banks warned vs unauthorized e-money deals

The Bangko Sentral ng Pilipinas has warned banks and other regulated financial institutions against allowing…

BSP: PH consumer confidence slumps to postpandemic low

Filipino consumers turned the most downbeat since the pandemic in the second quarter as the…

Fitch warns PH banks vs heightened risks

Underlying asset-quality risks continue to simmer in the Philippine banking sector, Fitch Ratings said, warning…

BSP defers rollout of bank reporting package

The Bangko Sentral ng Pilipinas (BSP) has pushed back the implementation of its enhanced financial…

Moody’s Ratings turns ‘negative’ on PH banks

Moody’s Ratings lowered its outlook on the Philippine banking system to “negative” from “stable,” citing…

BSP extends relief to crisis-hit banks

The Bangko Sentral ng Pilipinas (BSP) has agreed to give banks that are hit hard…

BIZ BUZZ: Another win for Chinabank

Corporate awards often end up as little more than framed certificates in the executive suite.…

BSP hikes policy rate by 25 bps to 4.75%

The Bangko Sentral ng Pilipinas (BSP) extended its tightening cycle on Thursday after hiking the…

BSP clears way for digital transaction fee hikes; Go wants charges lowered to P2-P5

The Bangko Sentral ng Pilipinas (BSP) has lifted its moratorium on increases in fees for…

BIZ BUZZ: There’s a new bank CEO in town

Top executives in the banking sector have been quite busy lately talking about an imminent…