Closed for the holiday
In line with the celebration of National Heroes Day as per Republic Act 9492, Security Bank said all its branches, except for NAIA and NAIA Terminal 3…
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154 results for “Bank”
ADB extends $300M loan for PPP
The Asian Development Bank (ADB) has approved a $300 million policy-based loan to support the country’s efforts to strengthen the framework under which the…
UCPB sale still on
The government has not given up on the United Coconut Planters Bank (UCPB) and its proposed sale back to the private sector, according to senior officials.
Bank services more accessible with nat’l ID
Rep. Robert Ace Barbers The national ID is the solution to Filipinos denied banking services for lack of an acceptable identification card, according to…
PBB loan portfolio up 31.9% YoY for 1H
The Philippine Business Bank (PBB) maintained its robust performance as it reported a 58.5 percent year-on-year (YoY) increase in core earnings from January to…
BPI’s board independence
In its quest to create a culture of corporate governance that goes beyond board oversight and policy setting, the Bank of the Philippine Islands (BPI) has…
Moving towards digitized retail payments
As the world’s economies gear towards digitalization and e-payment system, the country’s central bank, the Bangko Sentral ng Pilipinas (BSP) has no intention…
China Bank earnings flat at P3.6B
China Banking Corporation (China Bank, stock symbol CHIB) recorded a consolidated net income of P3.6 billion from January to June 2018 — unchanged vs. the…
ADB zeroes in on poverty alleviation
The Asian Development Bank’s (ADB) has approved Strategy 2030, a long-term corporate strategy that sets out the institution’s broad vision and strategic…
ECB stimulus program seen unchanged
Analysts expect the European Central Bank to leave unchanged Thursday plans to end massive stimulus for the eurozone by December, defying fears that a global…
German economic growth accelerates again in Q2: central bank report
The German economy has gained renewed momentum during the second quarter (Q2) of 2018, a monthly report published on Monday by the German Central Bank…
BoC ready for system upgrade
Bureau of Customs (BoC) Commissioner Isidro Lapeña recently revealed that the World Bank’s Philippine Customs and Trade Facilitation Project aims to support…
Jail bank?
A surprise inspection conducted Saturday morning at the Metro Manila District Jail Annex 4 in Lower Bicutan, Taguig City yielded over half a million pesos in…
PSBank to sell P15B LTNCTD
The Philippine Savings Bank (PSBank), the thrift bank arm of the Metrobank group, recently obtained approval from the Bangko Sentral ng Pilipinas (BSP) to sell…
PH to become blockchain hub
It is undoubtedly the latest buzz in the business community, especially among fintech (financial technology) firms. Indeed one major bank has centered its…
China Bank raised P10.25B in LTNCD
Local banking giant China Banking Corporation listed P10.25 billion worth of long-term negotiable certificates of time deposits (LTNCD) through a public…
Death and taxes
Benjamin Franklin once said there is nothing certain in this world, except death and taxes. His famous quote is apt, particularly, for the bank account of a…
BPI opens 46 new branches
The Bank of the Philippine Islands (BPI) is growing its branch network consistent with its pursuit of greater financial inclusion and access to financial…
Interest rates still ‘too low’ to sustain PH growth
BSP Governor Nestor A. Espenilla, Jr. attended the unveiling of the bust of Dr. Jose Rizal at the Czech National Bank (CNB), the central bank in Prague, Czech…
PH seeks AIIB funding for projects
Finance Secretary Carlos Dominguez III is seeking additional funding from the Asian Infrastructure Investment Bank (AIIB) for the country’s big-ticket…