banking

New swap market launched to create reliable interest rate benchmark

The Bangko Sentral ng Pilipinas (BSP) and Bankers Association of the Philippines (BAP) on Monday…

Remolona says no RRR for banks possible

Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said it is possible to eliminate…

PH banks fail to meet mandated lending to MSMEs, again

Rural and cooperative banks continued to do the heavy lifting in extending loans to micro,…

JP Morgan sees opportunity to widen PH footprint, says Dimon

Legendary banker Jamie Dimon, who has led JP Morgan Chase to become a global banking…

BIZ BUZZ: BDO gets the bag, too

The year is again looking rosy for the country’s biggest bank, and we still have…

Central banks face ‘difficult balancing act’ — IMF chief

WASHINGTON — Central banks face a “difficult balancing act” as they start lowering interest rates…

BSP cuts banks’ reserve requirement by 250 bps

The Bangko Sentral ng Pilipinas (BSP) has announced a supersized reduction to the cash requirements…

Biz Buzz: RCBC’s triple win

They say that third time’s the charm, but in the case of Rizal Commercial Banking…

Cut in banks’ minimum reserve likely this year

The Bangko Sentral ng Pilipinas (BSP) may resume cutting the cash requirements of banks before…

Soured bank loans spiked to over 2-yr high in July

Bad debts held by banks rose to their highest level in over two years in…