Bank lending up 12.8% in January
Loans for production activities grew 11.8 percent from 10.8 percent with biggest borrowers being suppliers of air conditioners which increased loans by 23.6…
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Daily TribuneTopic
Loans for production activities grew 11.8 percent from 10.8 percent with biggest borrowers being suppliers of air conditioners which increased loans by 23.6…
· 2 min read
Bank of the Philippine Islands (BPI) lowered the fee for InstaPay interbank fund transfers from P25 to P10.
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The country posted lower net outflows of foreign investments in January at $283.69 million from $487.37 million in December last year, the Bangko Sentral ng…
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In quantum mechanics, Erwin Schrödinger proposed a thought experiment… to explain the behavior of atoms and how it may be possible for them to be…
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Security Bank expects the Bangko Sentral ng Pilipinas (BSP) to gradually slash the reserve requirement ratio (RRR) for universal and commercial banks from 5…
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Gold holdings account for about 10 percent of the country’s gross international reserves
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Newly appointed undersecretary for the Presidential Communications Office (PCO), Atty. Claire Castro, criticized former President Rodrigo Duterte’s claim that…
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The Bangko Sentral ng Pilipinas (BSP) on Monday refuted former president Rodrigo Duterte's statements that President Ferdinand "Bongbong" Marcos Jr. stole and…
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‘At Wise, we are constantly evolving to meet the needs of our Filipino customers. We believe these added capabilities will help users to seamlessly manage…
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A lower reserve requirement ratio (RRR) enables banks to lend more of their funds to clients in a cost-efficient manner. The new RRRs will take effect starting…
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To sustain economic growth, the Bangko Sentral ng Pilipinas (BSP) has reduced the reserve requirement ratios (RRRs) for universal and commercial banks from…
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Analysts expressed worries over the ballooning balance of payments (BoP) deficit that reached an 11-year high $4.1 billion in January, data from the Bangko…
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The country posted a $4.1 billion deficit in global financial transactions, or balance of payments, in January, the highest in 11 years, data from the Bangko…
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BSP Governor and Monetary Board chairman Eli Remolona Jr. said a gradual reduction of 25 basis points in any of the remaining Monetary Policy meetings this…
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Remittances from overseas Filipino workers (OFWs) reached a record $38.34 billion, up 3 percent for the full year of 2024 from $37.21 billion the previous…
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Bernardo said the Philippine BPO industry has been heavily relying on the North American market, with a 70 percent share of its total clients
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Coins.ph, a cryptocurrency (crypto) and digital assets platform licensed by the Bangko Sentral ng Pilipinas, partnered with Singapore’s Union Fintech to…
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‘Fintech companies have become alternatives to providing credit, especially to members of the informal sector who may not want to go to the bank formally…
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