banking

UCPB Savings up for grabs; Landbank to raise P2.4B

State-run Land Bank of the Philippines (Landbank) is eyeing to raise at least P2.39 billion…

Philippines swings back to dollar surplus

The Philippines broke its streak of dollar deficit to post its largest balance of payments…

Recto sees 50-to-75-bp full-year BSP rate cut

Finance Secretary Ralph Recto sees “high probability” of an interest rate cut at the April…

PH remittance growth hit 3-mo low in Jan 2025

Money sent home by Filipinos overseas posted their slowest growth in three months in January,…

Ayala tags 2024 as ‘strongest year ever’

Strength in its core businesses—including banking and real estate—offset losses in the portfolio companies of…

Enhanced bank deposit protection takes effect

Starting today, more bank savings are going to be protected under the expanded insurance coverage…

Stricter offshore forex trade rules sought

The Bangko Sentral ng Pilipinas (BSP) wants to further limit banks’ engagements in offshore foreign…

Fitch upgrades ‘viability rating’ of 5 leading PH banks

London-based debt watchdog Fitch Ratings has upgraded its “viability rating” on five of the Philippines’…

BIZ BUZZ: PNB ‘presidentiables’ 

After headhunting far and wide, it’s possible that the next president of Philippine National Bank…

BSP braces for ‘arms race’ vs cybercriminals

Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said the next big threat to…