banking

BSP: PH digital transfers jump as lower fees spur usage

The Bangko Sentral ng Pilipinas (BSP) said digital fund transfer transactions have climbed between 10…

BDO ends bond offer early on strong demand

BDO Unibank Inc. has ended the offer period for its sixth peso-denominated Association of Southeast…

BDO readies another sustainability bond offer, eyes at least P5B

BDO Unibank Inc. is returning to the debt market with another sustainability bond offering, seeking…

Bank lending accelerated to 12.1% in May

Bank lending in the Philippines grew at its fastest pace in 15 months in May…

Gross international reserves hit 3-month high

The country’s gross international reserves (GIR) edged up to their highest level in three months…

BIZ BUZZ: Coming back soon: Coin deposit machines

Looks like the Bangko Sentral ng Pilipinas’ (BSP) crowd-favorite Coin Deposit Machines are finally returning.…

Deutsche Bank sees steady June inflation

Inflation likely held steady at 6.8 percent in June, as higher electricity prices offset declines…

Wassmer, Querubin get fresh Monetary Board term

President Marcos has reappointed banking veterans Walter Wassmer and Jose Querubin to the Monetary Board,…

Banks’ bad loans rise as loss buffers fall 

Philippine banks’ bad loan ratio rose to a nine-month high in May as borrowers continued…

BIZ BUZZ: Why BPI is willing to give up transfer fees

Who said free always comes at a cost? When BPI announced it would scrap digital…