MB closes another savings bank
PDIC assured depositors that all valid deposits and claims shall be paid up to the maximum deposit insurance coverage of P500,000.
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154 results for “Bank”
World Bank lines up $500-M agri projects
The Department of Agriculture (DA) said the World Bank (WB) has committed to fund four big-ticket projects aimed at enhancing agri-fishery extension systems,…
Recent bank closure impact negligible
The series of bank failures in recent months do not worry the monetary authorities.
BRIEFS: BPI’s The Luxe Series
Bank of the Philippine Islands (BPI) recently kicked off The Luxe Series, which offers up to 50 percent discount and Real 0 percent installment up to 24 months…
RCBC net income jumps 41% to P4.5B in 9 mos.
Our double-digit income growth is a reflection of the bank’s prudence in tapping the right prospects in the market.
Illegal log, fish, wildlife trade cost: $1 trillion–$2 trillion
Illegal logging, fishing and wildlife trade rob the world of precious natural resources — and ultimately of development benefits and livelihoods, the World…
Commodities down as global demand weakens
Energy and metal commodity prices are expected to continue to fall in 2020 following sharp declines in 2019 on a weaker outlook for global growth and…
M3 up, bank lending steady in September
Bank lending inclusive of RRP grew 10.2 percent, a slight improvement from the posted 10 percent in August.
U.S. Fed faces balancing act
President Donald Trump on Tuesday resumed his regular schedule of bashing the central bank on Twitter, saying it doesn’t have a clue!
BPI eyes digital adoption at 50%
In line with its digital innovation initiative, Bank of the Philippine Islands (BPI) intends to shift at least half of its existing clients into the digital…
Wushu bets eye homecourt edge
AGATHA Wong and the national wushu team seek to bank on their homecourt advantage.
Bank cashier steals from vault
Maybe she thought she could pay off the money she stole in piecemeal. But it grew so big, she could no longer repay what she initially thought was money she…
LandBank reports growing loan book
State-run Land Bank of the Philippines (LandBank) posted significant improvement in net income in the third quarter this year, latest data show.
Incoming ADB chief advocating social inclusion
WASHINGTON D.C. (AFP) — The leading nominee for the presidency of the Asian Development Bank (ADB) has conveyed to the Philippines his plans to enhance the…
Iraq forces try to clear protests
Oil-rich Iraq is OPEC’s second-highest producer — but one in five people live below the poverty line and youth unemployment sits at 25 percent, according to…
Q4 GDP seen at 6.5%
Given the latest GDP outlook, the central bank executive said hitting the low end of the government target remains achievable.
Business ease pole-vaults
The Philippines sharply improved its ranking in the annual business regulation review of the World Bank on the back of higher scores in the areas of getting…
CIMB all-digital bank claims 1M clients
CIMB Bank Philippines also gives customers the highest savings interest rates of up to 4 percent, the highest in the market today.
ADB invests in environmental sustainability
The Asian Development bank (ADB) has partnered with the Department of Tourism (DoT) in preparing a tourism development project for both El Nido and Coron in…
China’s Q3 growth weakest in 27 years
The central People's Bank of China said it would pump 200 billion yuan ($28 billion) into the financial system through its medium-term lending facility to…