banking

EastWest sets P9-billion capital raising push

East West Banking Corp. is looking to raise about P9 billion through a stock rights…

BSP raises policy rate to 5%; peso sinks to new low

The Bangko Sentral ng Pilipinas (BSP) delivered another quarter-point interest rate on Thursday, extending its…

Banks’ property exposure down to 7-year low

Philippine banks reduced their exposure to the property sector to the lowest level in more…

Bangko Sentral stays ahead of US Fed policy rate tightening

The Bangko Sentral ng Pilipinas (BSP) is among a small group of Asian central banks…

BIZ BUZZ: BPI Capital chief moves up to Ayala

There’s some movement within the Ayala Group’s finance ranks. Ayala Corp. has tapped BPI Capital…

RCI taps China Bank for P1.9-B loan

Roxas and Company Inc. (RCI) has secured a loan facility of nearly P2 billion from…

BIZ BUZZ: Security Bank hits the trifecta

Security Bank’s digital push is racking up more than just clicks. The Frederick Dy-led bank…

BillEase bags P1-billion credit facility from PNB

Philippine National Bank (PNB) has extended a P1-billion credit facility to consumer finance platform BillEase,…

PH BOP swung back to deficit in July

The Philippines’ balance of payments (BOP) returned to a deficit in July after two consecutive…

DBP grew 6-month profit by 20.5% despite softer interest earnings

The Development Bank of the Philippines (DBP) saw its net income climb 20.5 percent in…