Discrepancies found on AMA Bank records
State-run Philippine Deposit Insurance Corp. (PDIC) on Wednesday bared its fangs against the still uncooperative lender ordered closed by the Bangko Sentral ng…
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154 results for “Bank”
Lender eyes more digital clients
Better numbers, in terms of embarking more clients in the digital space, are expected for the year 2020, Union Bank of the Philippines (UBP) Chief Technology…
BAP unveils training program
The booking portal was initially created to serve as a clearing house of all the training demands requested by bank officers and personnel.
Slowing lending seen soon recovering
The monetary authorities acknowledged on Tuesday the slowdown in bank lending activities in recent months but are optimistic that loan take outs should recover…
Italian bank to shed 8,000 jobs
UniCredit expects revenues to rise by an average of 0.8 percent annually between 2018 and 2023, to reach 19.3 billion euros.
ADB names Asakawa new president
The Board of Governors of the Asian Development Bank (ADB) unanimously elected Masatsugu Asakawa as their new president, just three months after the outgoing…
Intelligent car park opens at SM Megamall
SM recently opened its first intelligent carpark at the bank drive of SM Megamall to help lessen parking time and ease traffic caused by motorists lining up…
BRIEFS: ING customer rebate answers other bank’s transfer fees
ING Savings Account customers will receive a P100 rebate fee per transaction from now until 31 January 2020.
Domestic liquidity up, bank lending down
Domestic claims grew by 6.7 percent in October from 7.5 percent in the previous month due mainly to the sustained growth in credit to the private sector.
Duck, cover and hold
Somewhere in my memory bank was a tip that one should crouch down beneath the nearest sturdy doorway frame, cover one’s head with your hands and stay there…
Aussie bank ‘laundered’ money
The bank is facing a potentially massive fine
Implementing ATM fee hikes a timing issue
ATM fee adjustments from more than 10 banks have already been approved by the central bank.
NY Fed extends overnight cash injections
Since September, the central bank has scrambled to prevent a liquidity shortage from causing short-term interest rates to spike beyond its control.
BSP excludes inter-bank borrowing as deposit reserves
This amendment is in line with the BSP’S commitment to implement legislation and ensure that the BSP’s regulatory framework is consistent with prevailing laws.
Honest felon
BOCA RATON, Florida (Fox News) — Incidence of bank robberies are prevalent in the United States over the years with various reasons on why perpetrators commit…
BSP foresees a cash-lite system by 2023
The central bank chief earlier said that their 20 percent target for cashless transaction by 2020 is a conservative number and thus, likely to be surpassed on…
Briefs: Security Bank recognized at Singapore innovation awards
Security Bank Corporation (SBC) took home international citations from the recently held Global Retail Banking Innovation Awards in Singapore.
$300M ADB loan boosting LGU services delivery
The Asian Development Bank (ADB) has greenlighted a $300 million policy loan to help boost the country’s local government units (LGU) deliver high-quality…
DBP targets on track
State-run Development Bank of the Philippines (DBP) reported gross income in the July-to-September quarter reaching P24.2 billion, a 28.6 percent improvement…
Lender shut down appropriate
According to AMA Rural Bank, they are exploring all possible courses of action to reverse the BSP’s decision and resume their operations.