banking

Atram finalizes Metrobank fund management takeover

A consortium led by the ATR Asset Management (Atram) Group has finalized its takeover of…

Rate cuts to help PH weather Trump 2.0

The economy has been absorbing the recent easing moves of the Bangko Sentral ng Pilipinas…

PH banks cut exposure to property sector in Q3

Banks cut their exposure to the volatile property sector in the third quarter to hit…

BSP to raise penalties on breach of payment rules

The Bangko Sentral ng Pilipinas (BSP) will impose penalties and sanctions on financial institutions that…

US treasury’s Yellen won’t rule out sanctions on Chinese banks

WASHINGTON — US Treasury Secretary Janet Yellen told Reuters on Friday that the US is…

Traders watch for next BSP, Fed moves

All eyes will be on the central banks of both the Philippines and the United…

BSP poised to deliver final 25-bp rate cut in ʼ24

The Bangko Sentral ng Pilipinas (BSP) is expected to deliver its final rate cut this…

UnionBank, Samsung expand microfinancing

Union Bank of the Philippines and Samsung are making their micro financing platform available to…

Fitch sees improving risk appetite among banks 

A low interest rate environment amid the ongoing easing cycle of the Bangko Sentral ng…

ADB extends fresh $500-M loan

The Philippines has secured a $500-million policy-based loan from the Asian Development Bank (ADB) to…