banking

BPI booked record 9-mo income on rate cut boost

Bank of the Philippine Islands (BPI) booked record earnings in the first nine months of…

Word bank unlocks another $30 billion by tweaking balance sheet

WASHINGTON—The World Bank approved changes to its lending practices on Tuesday which will unlock an…

BSP delivers 25-bp rate cut; more to come

The Bangko Sentral ng Pilipinas (BSP) on Wednesday cut the policy interest rate by a…

Anticipation of BSP rate cut boosts PSEI

Philippine shares reclaimed the 7,400 level on Tuesday ahead of the Bangko Sentral ng Pilipinas’…

PH financial system’s resources grew 9% in Aug to P32.14T

Total resources of the Philippine financial system grew in August to stay above the P32-trillion…

PBCOM seeks to raise P2B from maiden bond sale

Philippine Bank of Communications (PBCom) is raising P2 billion from the debt market to support…

Poll: Another quarter-point BSP cut likely

The Bangko Sentral ng Pilipinas (BSP) is widely expected to resume trimming interest rates later…

BIZ BUZZ: EastWest wants more flyers

Gotianun-led EastWest Bank is placing its bets on tourism and travel demand to boost its…

Veteran lawyer appointed as Bangko Sentral deputy governor

Longtime central bank lawyer Elmore Capule has been named as the new deputy governor for…

BSP to expand review of related bank dealings

The Bangko Sentral ng Pilipinas (BSP) wants to require banks and other financial institutions to…