finance

BIZ BUZZ: Scams use BSP logo, fake signatures

The Bangko Sentral ng Pilipinas (BSP) is once again sounding the alarm over scams that…

Asialink gets ‘BB’ credit rating from S&P

S&P Global Ratings assigned its “BB” long-term credit rating to Asialink Finance Corp.—below investment grade—citing…

BSP to tighten rules on tier 1 notes redemption

The Bangko Sentral ng Pilipinas (BSP) wants to tighten the conditions under which banks may…

ACEN seals P15-B loan facility with Metrobank

ACEN Corp. has obtained fresh financing of up to P15 billion from Metropolitan Bank &…

SMBC boosts stake in RCBC to 24.46%

Japan’s Sumitomo Mitsui Banking Corp. (SMBC) has increased its ownership in Rizal Commercial Banking Corp.…

Go: PH set to reach upper middle-income status

Finance Secretary Frederick Go expressed optimism that the Philippines can still reach upper middle‑income (UMIC)…

Emergency funds top Filipinos’ savings goals—survey

Danish Fabellon passed this year’s licensure exam for medical technologists, a milestone that required her…

PSEi up on bargain-hunting, firmer peso

The Philippine Stock Exchange Index (PSEi) posted modest gains on Wednesday as investors picked up…

Filipinos becoming financially savvy

More Filipinos are becoming financially savvy when using digital banks, showing growing confidence in saving…

PH sustainable finance hits $10B 

Sustainable finance in the Philippines is gaining momentum as the country advances along its energy…