
Bank lending slows in April
Universal and commercial banks slowed lending in April by 11.2 percent from 11.8 percent in March on an annual basis due to weaker demand for business loans.
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Universal and commercial banks slowed lending in April by 11.2 percent from 11.8 percent in March on an annual basis due to weaker demand for business loans.
· 1 min read

Being a mom means being the CEO of your household, or the Chief Expense Officer. From groceries and tuition fees to bills and insurance, you're the one making…
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‘The 45-day election ban on infrastructure spending, high base effects a year ago, and the adverse US tariff hike effects on trade could weigh on…
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The T-bond attracted total bids amounting to P71.7 billion or 2.4 times oversubscription; the government security, with a remaining term of seven years and…
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Vista Land & Lifescapes Inc. (VLL) said its wholly-owned subsidiary VLL International, Inc. (VLLI) has secured a $150-million syndicated term loan facility…
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‘Being able to talk to someone and visit a branch is an assurance of the legitimacy and commitment of a bank, especially on matters as important as one’s…
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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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Meralco PowerGen Corp. (MGEN), through its affiliate Terra Solar Philippines Inc. (MTerra Solar), has formally closed a record P150-billion syndicated loan to…
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The Alabat Wind Project, the first wind power development along the Pacific Ocean coastline and in Quezon province, is one of five renewable energy projects…
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Philippine National Bank (PNB) received a higher Moody’s rating for both long-term foreign and local currency deposits at Baa2 rating from Baa3, emphasizing…
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The Bureau of the Treasury (BTr) has made partial award of Treasury bills (T-bills) on Monday, raising P24.5 billion as the interest rate for the shortest…
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Bank of the Philippine Islands (BPI) has accelerated the greening of its phygital branches to 17 out of 55 units nationwide.
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Lower lender benchmarks, along with likely slower inflation rates, should boost household consumption
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According to the Bangko Sentral ng Pilipinas, OFW remittances in January grew by 2.9 percent to $3.24 billion from $3.15 billion recorded in the same month of…
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With greater awareness, policy support, and innovation, halal can drive economic growth, cultural understanding, and inclusivity for all Filipinos.
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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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‘The price of local tomatoes declined dramatically in February amid supply glut in some areas in Northern Philippines, thereby could have helped ease…
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Bank of the Philippine Islands chief economist Jun Neri said the Bangko Sentral ng Pilipinas might keep its policy rate near the current 5.75 percent in…
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