S&P: Bank loans seen to grow 11-14%
S&P Global Ratings on Wednesday said it expects bank loans in the country to grow by 11 to 14 percent in the next two years on the back of robust consumer…
Kathryn Jose · · 2 min read
Daily TribuneS&P Global Ratings on Wednesday said it expects bank loans in the country to grow by 11 to 14 percent in the next two years on the back of robust consumer…
Kathryn Jose · · 2 min read
The country’s gross international reserves (GIR) increased to $105.3 billion as of end-June from $105.2 billion in May, reflecting higher foreign currency…
Kathryn Jose · · 2 min read
The country's unemployment rate declined to 3.9 percent in May from the 4.1 percent recorded in the same month last year as more Filipinos obtained jobs in…
Kathryn Jose · · 2 min read
BTr auctioned off 91-day, 182-day and 364-day papers which attracted total tenders amounting to P87.5 billion or 3.5 times larger than its initial offer of P25…
Kathryn Jose · · 2 min read
Downside inflation risks come amid further signs of slowdown in external and domestic demand for goods and services.
Kathryn Jose · · 3 min read
Most economists expect inflation for this year to average below 2 percent due to affordable food and fuels. However, a financial market analyst warns inflation…
Kathryn Jose · · 3 min read
The new service is designed to satisfy Filipinos’ increasing demand for digital payments.
Kathryn Jose · · 2 min read
‘For the first time, our renewable energy portfolio surpassed the coal portfolio. The steady decline in coal exposure reflects our continued shift toward…
Kathryn Jose · · 1 min read
State-owned Development Bank of the Philippines (DBP) extends financial support to the municipality of Talakag in Bukidnon through a new branch which it said…
Kathryn Jose · · 1 min read
Rizal Commercial Banking Corporation (RCBC) boosted loans for renewable energy (RE) projects by 80 percent, resulting in a smaller loan portfolio for coal…
Kathryn Jose · · 1 min read