BPI Big Blowout generates millions of loans, deals
The Bank of the Philippine Islands (BPI) officials kicked off the Big BPI Blowout in a ribbon-cutting ceremony in celebration of its 168th anniversary at the…
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36 results for “loans”
China loans no longer in U.S. dollar
China has arranged for the Philippines to tap concessional loans from Beijing at flexible interest rate and denomination.
Assets as collateral benefits MSME
A new law broadening the use of movable assets as collateral for loans is expected to increase access to finance for micro, small and medium enterprises (MSME)…
RCBC spearheads open banking
Imagine securing loans with some of the lowest interest rates in the industry. Or conveniently transferring funds from one bank account to another, or perhaps,…
Manila Water projects funded by loans from China banks
Ayala-led Manila Water Company Inc. raised as much as P8.7 billion through a term-loan facility.
DBP officials cleared of graft
The graft complaint earlier dismissed by the Ombudsman against former officials of the Development Bank of the Philippines (DBP) in connection with P634.8…
Cost of debt 3
As a general rule, there is no interest if there is no written agreement for the same. Hence, informal loans that usually impose exorbitant, sky-high interests…
Global stocks surge on US-China talks
China's new yuan-denominated loans stood at 3.23 trillion yuan ($477 billion) in January 2019, up 328.4 billion yuan year-on-year, central bank data showed…
Beijing meet for PH infra team
Image from The Economists Journal The meeting will tackle progress and updates on the infra projects through Chinese loans dubbed as the first basket
Domestic liquidity slows in June
Photo from Mediamerge Corporation BSP “Loans for production activities continued to be driven by lending to key sectors.
Loan yardsticks broadly unchanged in Q2
“The BSP said the diffusion index approach showed a net tightening of credit standards on loans granted to enterprises and households alike.
EDC eyeing P11.5 billion for capex, refinancing
LOPEZ-led Energy Development Corp. (EDC) will raise P11.5 billion via bilateral term loans to refinance loans and fund its capital expenditure (capex).
Molinari ends drought with National title
Jul 1, 2018; Potomac, MD, USA; Francesco Molinari of Italy celebrates with the championship trophy after winning the Quicken Loans National golf tournament at…
Tiger eyes new putter to end long drought
Tiger Woods follows his second shot into the first hole in the Pro-Am prior the Quicken Loans National at TPC Potomac in Potomac, Maryland. AFP READY TO RUMBLE
Japan to finance MRT rehab
Japan plans to extend official development assistance (ODA) loans to the Philippines with an additional P20.6 billion to fund two infrastructure projects,…
DBP raises loan releases, hikes deposit base in Q1
State-owned Development Bank of the Philippines (DBP) boosted its development lending activities in the first quarter of 2018, releasing a total of…