loans

Bad loans jumped to 8-mo high in July

Bad debts held by the Philippine banking system rose to their highest level in eight…

DTI eyes credit support for exporters hit by US tariffs

The Department of Trade and Industry (DTI) is open to the idea of creating a…

IFC grants loan for Ayala Land’s Greenbelt 1 revamp

Ayala Land Inc. (ALI) is redeveloping Greenbelt 1, its landmark Makati mall built in 1982,…

Psalm raises P100-B from bank loan syndicate

The Power Sector Assets and Liabilities Management Corp. (Psalm) tapped a P100-billion loan from a…

Pag-Ibig ‘super sale’ offers up to 40% discount on foreclosed houses

The Home Development Mutual Fund, or Pag-Ibig Fund, is offering more than 30,000 foreclosed properties…

SEC extends drive vs illegal lenders, crypto providers

The Securities and Exchange Commission (SEC) has stopped the operations of seven online lending platform…

Credit perception flat despite fintech boom

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

Retail, MSME loans buoy Security Bank H1 profit

Retail and micro, small and medium enterprise (MSME) loans helped lift the first-semester profit of…

‘Zero Hunger’ program gets $400M from ADB

The Asian Development Bank (ADB) has approved a $400-million loan to the Philippines to help…

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…