banking

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…

Banks’ soured loans trekked to 2-mo high in Jan

Soured loans held by local banks rose to a two-month high in January, opening the…

Electronic and remote notarization

It is standard operating procedure in most commercial, financial and banking transactions that documents that…

Thrift banks call for lower liquidity requirements

The local thrift banking industry will still lobby for lower liquidity requirements despite the removal…

Trump effect sank FDI net inflows to 11-yr low in Dec

The net inflow of job-generating foreign direct investments (FDIs) fell to its lowest level in…