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banks

Latest Daily Tribune news and analysis on banks.

  1. Digital age casualties grow

    Digital age casualties grow

    Rumors circulate of a major Philippine universal bank planning a significant workforce right-sizing, driven by digital transformation, AI automation, and…

  2. Hard to bank on AIIB

    Hard to bank on AIIB

    With an initial capitalization of $100 billion and 57 founding members, including major European nations such as the UK, Germany, and France, the AIIB was…

  3. Bank, non-bank resources rise to P34.6T in July

    Bank, non-bank resources rise to P34.6T in July

    The Philippine financial system’s resources grew over 6% in July to P34.59 trillion, driven by strong bank expansion and supported by steady GDP growth, BSP…

  4. Security Bank joins FTSE small cap index

    Security Bank joins FTSE small cap index

    Security Bank joins the FTSE Asia Pacific Small Cap Index, highlighting its strong market performance and growing recognition among global investors.

  5. ANKER Nano is a 45-watt charger.

    Anker drops new Nano series chargers

    Anker expands its Philippines lineup with the Nano series, featuring high-capacity power banks, compact chargers, and GaN technology for fast, portable, and…

  6. Banks’ NPL ratio climbs to 3.40% in July

    Banks’ NPL ratio climbs to 3.40% in July

    Philippine banks’ non-performing loans rose to 3.40% in July, driven by sectoral stress, POGO exits, and slower economic growth, though the ratio remains below…

  7. Banks’ NPL ratio climbs to 3.40% in July

    Banks’ NPL ratio climbs to 3.40% in July

    Banks’ non-performing loans rose to 3.40% in July, the highest in eight months, with experts citing global trade strains and consumer stress.

  8. Agribank ready for operation

    Agribank ready for operation

    The Bangko Sentral ng Pilipinas (BSP) announced the launch of Agribusiness Rural Bank Inc., formed by the consolidation of four rural banks, marking continued…

  9. BANGKO Sentral ng Pilipinas Main Office in Malate, Manila City

    Bank lending slows in April

    Bank lending growth in the Philippines slowed to 11.2% in April from 11.8% in March, driven by weaker demand for business loans across key industries, while…

  10. Moody’s: Dominant banks remain stable

    Moody’s: Dominant banks remain stable

    ‘We expect further weakening in the bank’s asset quality as its loan season, and as a consequence of its target to double-digit growth in higher risk segments…

  11. Dean Nilo Divina

    A deep dive into AFASA (1)

    Under Section 7 of AFASA, banks and financial institutions are authorized to impose a temporary hold on funds that are the subject of a disputed transaction.

  12. Bangko Sentral ng Pilipinas Governor and Monetary Board Chairman Eli Remolona Jr. said the lower reserve requirement ratios will also support low inflation rates through controlled household consumption.

    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…