loans

Bad loans up amid continuing consumer strain

The share of bad loans on Philippine banks’ lending books rose in July, as more…

SEC flags fake Streetcorner Finance page

The Securities and Exchange Commission (SEC) has warned the public against a Facebook page allegedly…

ACEN extends P1-B loan for Quezon wind park

ACEN Corp. is infusing up to P1 billion in a subsidiary to support the construction…

1st semester SSS income down 28% on higher benefit payouts

The Social Security System (SSS) posted a 27.8-percent drop in net income in the first…

Bank lending growth skid to 4-month low in June

Bank lending slowed to its weakest pace in four months in June as businesses and…

Metrobank first-half income rose to P24.9B

Metropolitan Bank & Trust Co. (Metrobank) posted a slightly higher net income in the first…

Bad loans fell to 6-month low in June

Philippine banks’ bad loans fell to a six-month low in June, a welcome sign of…

Thrift banks seek tighter rules on salary loans

The thrift banking industry is exploring tighter rules on salary lending, including limiting longer repayment…

PetroGreen bags P636-M RCBC loan

PetroGreen Energy Corp. (PGEC) has secured a P635.9-million project finance facility from Rizal Commercial Banking…

Filipinos taking smaller, more frequent loans–study

Spurred by the rise of digital lending apps, Filipinos are increasingly relying on smaller but…