The Bangko Sentral ng Pilipinas (BSP) and the Japan International Cooperation Agency (Jica) have launched…
Filipinos’ attitudes toward formal credit barely budged over the past year despite the growing popularity…
Bad loans in the Philippine banking system fell to a three-month low in June, helped…
Bank lending rose at the fastest pace in four months in June, fueled by strong…
The Securities and Exchange Commission (SEC) has ordered Sana Credit to immediately stop operations. This…
Yields on short-dated local debts of the government fell for the fourth straight week during…
S&P Global Ratings has raised Manila Electric Co.’s credit rating outlook from “stable” to “positive,”…
Loans to micro, small and medium enterprises (MSMEs) fell below the prescribed level in the…
The proportion of bad debts held by Philippine banks slightly eased in May, albeit still…
Credit card debt in the Philippines is at a “critical” risk level as the typical…