banking

BSP orders stricter client due diligence 

The Bangko Sentral ng Pilipinas (BSP) wants banks and financial companies to incorporate news reports…

Landbank remits record-high P33-B cash dividend to gov’t

Land Bank of the Philippines has declared a record-high cash dividend of P33.53 billion to…

BPI cuts offer period for hit ‘green’ bond offer

Bank of the Philippine Islands (BPI) has shortened the offer period for its P5-billion sustainability-linked…

Bangko Sentral to tighten trust industry supervision

The Bangko Sentral ng Pilipinas (BSP) wants trust companies to meet supplemental data requirement (SDR)…

BPI offers 1.5-year sustainability bonds at 5.85% 

Bank of the Philippine Islands (BPI) has priced its sustainability-linked bond issuance at 5.85 percent…

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…