banking

IMAs allowed to invest in central bank securities

The Bangko Sentral ng Pilipinas (BSP) will now allow investment management accounts (IMA) of trust…

BSP cautions banks against dealing with delinquent firms

The Bangko Sentral ng Pilipinas (BSP) has told banks to exercise caution when doing business…

BSP eyes PH shift to coin-lite society

The Bangko Sentral ng Pilipinas (BSP) will double down on its efforts to promote digital…

Bad loans hit 2-mo low

Bad loans held by Philippine banks as a ratio of total credit fell to their…

BIZ BUZZ: PDIC is sure that your bank savings are safe

Up until now, the Marcos administration’s move to dip its hands into the reserve funds…

DBP seeks extension of regulatory relief

State-run Development Bank of the Philippines (DBP) will ask the Bangko Sentral ng Pilipinas (BSP)…

Nov loan growth revs up to fastest pace in nearly 2 years

Bank lending posted its fastest growth in almost two years in November 2024 due to…

Chinabank cues P100-B fundraise

China Banking Corp. (Chinabank) will raise up to P100 billion via the bond market and…

BSP to liberalize e-money issuance

The Bangko Sentral ng Pilipinas (BSP) is now ready to welcome more nonbank electronic money…

BIZ BUZZ: Gas up, and save money?

As fuel prices continue to rise, with only teeny-weeny rollbacks, customers of Gotianun-led bank EastWest…