
BSP cuts big banks’ RRR anew
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…
· 2 MIN READ
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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…
· 2 MIN READ

To sustain economic growth, the Bangko Sentral ng Pilipinas (BSP) has reduced the reserve requirement ratios (RRRs) for universal and commercial banks from…
· 1 MIN READ

EastWest Bank's net income grew by 25 percent to P7.6 billion last year, driven by an expansion in its individual consumer client base, which now accounts for…
· 1 MIN READ

Metrobank grew its net income by 14 percent to P48.1 billion last year compared to 2023, driven by double-digit growth in consumer and business loans.
· 2 MIN READ

Bank of Commerce (BankCom) raised a record high capital of P18 billion from its dual-tranche bond offering, exceeding the initial offer amount by over three…
· 1 MIN READ

President Ferdinand Marcos Jr. has approved the reduction and condonation of real property taxes (RPT) and penalties for Independent Power Producers (IPPs)…
· 2 MIN READ

Bank of Commerce (BankCom) raised a record-high capital of P18 billion from its dual-tranche bond offering, exceeding the initial offer amount by more than…
· 1 MIN READ

Filinvest Land, Inc. (FLI), the real estate arm of the Gotianun Group, is set to raise up to P12 billion in capital through the regulator-approved issuance of…
· 1 MIN READ

Australia's central bank cut its key interest rate Tuesday for the first time in more than four years, but warned global turmoil could derail further…
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Critics slam Trump administration’s holiday stunt, calling it unprofessional and divisive
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The Bureau of Internal Revenue (BIR) reported on Monday it has filed an P8.5-billion tax evasion case against individuals behind an illicit cigarette factory…
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Taxpayers should avail of the extended Estate Tax Amnesty program as the country observes Tax Awareness Month this February, Senator Win Gatchalian said…
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Asia United Bank (AUB) boosted its net income by 36 percent to P11.3 billion in 2024 as loan loss provision shrank by 74 percent.
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Our collaboration with PLDT Global aligns with our mission to enhance digital banking accessibility, ensuring seamless and efficient transactions for our…
· 1 MIN READ

The Bureau of Customs (BOC) collected P931.046 billion in revenue in 2024, reinforcing its critical role in supporting national economic growth, the agency…
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Bill seeks to make the Secretary of Finance the ex-officio chairperson of the DBP board, ensuring government participation in the bank’s decision-making and…
· 2 MIN READ

‘We want to improve our market share. We have a very young population, with a median age of 26. That age is when you start to earn more and buy what you want’
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There was no immediate claim of responsibility for Thursday’s attack
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