credit

Long-awaited PH credit risk database goes live

The Bangko Sentral ng Pilipinas (BSP) and the Japan International Cooperation Agency (Jica) have launched…

Credit perception flat despite fintech boom

Filipinos’ attitudes toward formal credit barely budged over the past year despite the growing popularity…

Bad loans slip to 3-mo low, but banks cautious

Bad loans in the Philippine banking system fell to a three-month low in June, helped…

Bank lending accelerated in June, fastest in 4 months

Bank lending rose at the fastest pace in four months in June, fueled by strong…

SEC orders Sana Credit to stop operations

The Securities and Exchange Commission (SEC) has ordered Sana Credit to immediately stop operations. This…

T-bill rates down for 4th week

Yields on short-dated local debts of the government fell for the fourth straight week during…

S&P hints at credit rating upgrade for Meralco

S&P Global Ratings has raised Manila Electric Co.’s credit rating outlook from “stable” to “positive,”…

MSMEs not getting enough funding support from PH banks

Loans to micro, small and medium enterprises (MSMEs) fell below the prescribed level in the…

Soured loans of PH banks eased in May

The proportion of bad debts held by Philippine banks slightly eased in May, albeit still…

PH credit card debt reaches ‘critical risk’ levels

Credit card debt in the Philippines is at a “critical” risk level as the typical…