LOCAL commercial lender China Banking Corp. (China Bank) is seen to put its efforts more on sustainability as part of its overall strategy to achieve its business goals.
THE Bureau of Treasury (BTr) announced on Tuesday that it has fully awarded reissued 7-year Treasury bonds (T-bonds).
STATE-run Land Bank of the Philippines announced on Tuesday that it has donated a total of P1.5 million worth of financial aid to local government units (LGU) in Northern Luzon affected by the earthquake earlier this year. The bank said extended donations of P200,000 for affected provinces and P100,000 each for municipalities. The donations are intended to support recovery efforts in the aftermath of the 7.0 earthquake that hit the region last July.
THE Bureau of Treasury (BTr) has partially awarded treasury bills on Monday, as market players anticipate another rate hike from the US Federal Reserve.
THE Bangko Sentral ng Pilipinas (BSP) reported on Thursday that the value of transactions via the two main automated clearing houses grew 43 percent in the first seven months of the year.
THE Bureau of Treasury (BTr) has partially awarded Treasury bills (T-bills) on Monday, as rates continued to climb.
THE Bangko Sentral ng Pilipinas (BSP) announced that it has inked a partnership with the National Bank of Kyrgyz Republic (NBKR) to strengthen bilateral relations.
THE local office of the Hong Kong Shanghai Banking Corp. Ltd. (HSBC) announced last Wednesday that it has launched a new wealth management business in the country, allowing locals to place their money in various investment vehicles via the foreign bank.
THE country’s inflation is expected to peak in the third quarter before slowing down in the fourth quarter of this year, Finance Secretary Benjamin E. Diokno said on Tuesday, as the Bangko Sentral ng Pilipinas (BSP) signalled it will take further action to curb inflation, even after back-to-back hikes in recent months.
THE Bangko Sentral ng Pilipinas (BSP) reported last Tuesday that the banking industry maintained a positive growth outlook amid lingering local and international challenges, its survey showed.
DIGITAL payments platform operator Visa Inc. announced last Monday the appointment of Jeffrey D. Navarro as its new Country Manager for the Philippines and Guam.
THE Bangko Sentral ng Pilipinas (BSP) announced it is pushing for industry-wide initiatives to enhance the so-called “cyber resilience” of players in the local financial system.
IN an effort to further advance digitization in the country, the Bangko Sentral ng Pilipinas (BSP) said it is currently working with the Philippines Payments Management Inc. (PPMI) to roll out more digital payments initiatives in the country.
THE Bangko Sentral ng Pilipinas (BSP) announced last Wednesday that all six licensed digital banks in the Philippines may now pursue full operations, after the regulator issued to each of the two remaining digital banks a Certificate of Authority to Operate.
FILIPINO financial consumers are growing wary of cybercrime among banks and other online accounts, as a recent survey showed that 2 out of 5 Filipinos consider scam protection as a main consideration in opening an online financial account.