BPI targets 10% agri loans growth
Bank of the Philippine Islands (BPI) aims to grow agricultural loans by at least 10 percent this year through its partnership with Agrilever.
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Daily TribuneTopic
Bank of the Philippine Islands (BPI) aims to grow agricultural loans by at least 10 percent this year through its partnership with Agrilever.
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The bank said the growth reflected higher gross customer loans at 12 percent to P3.3 trillion, while the non-performing loans ratio slightly declined by 0.1…
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‘The deficit reflected the government’s drawdowns on its foreign currency deposits with the BSP to meet its external debt obligations, as well as the BSP’s net…
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Movable asset finance involves non-real estate assets like inventories, receivables, and equipment, that the MSME borrowers can present as collateral for bank…
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‘The BSP app keeps you updated on the latest news, advisories, and important announcements.’
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“According to Philippine Statistics Authority data, food prices rose by 16 percent from June 2022 to February 2025, further eroding purchasing power.
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‘Six percent is still not far for the first quarter. The inflation factor is a major driver, and interest rates also declined’
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Aside from global economic uncertainties stemming from Trump tariffs, Remolona warned of possible elevated prices of transport, utility and meat
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Any intervention by the Federal Reserve would depend on ‘what conditions we were seeing’
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Similarly, the BSP reduced the inflation outlook to 3.3 percent from 3.7 percent. For 2027, the Central Bank projects 3.2 percent
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The Bangko Sentral ng Pilipinas (BSP) slashed its policy rate by 25 basis points (bps) to 5.5 percent from 5.75 percent on Thursday due to easing prices of…
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Falling rice and transportation prices were essentially behind lower inflation
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‘Coins with smaller denominations, especially the 10, 5, and 1 sentimo coins are often regarded to have no value and are sometimes either thrown away outright…
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The Bangko Sentral ng Pilipinas (BSP) projects overall inflation in March to settle within the range of 1.7 to 2.5 percent.
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The Supreme Court (SC) has affirmed the Securities and Exchange Commission’s (SEC) authority to accredit certified public accountants (CPAs) acting as external…
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Commercial loans in foreign currencies by 4.3 percent to $15.82 billion last year, with merchandise exporters and trucking firms as the biggest borrowers.
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The Bangko Sentral ng Pilipinas (BSP) projects overall inflation in March to settle within the range of 1.7 to 2.5 percent.
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The Asian Development Bank (ADB) said 78 percent of Filipinos seek more information about Islamic banking, which the Bangko Sentral ng Pilipinas (BSP) said…
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