
PNB completes core banking modernization with IBM
Philippine National Bank (PNB) has completed a core banking modernization initiative with IBM aimed at strengthening operational resilience, improving system…
· 2 min read
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Philippine National Bank (PNB) has completed a core banking modernization initiative with IBM aimed at strengthening operational resilience, improving system…
· 2 min read
The Bangko Sentral ng Pilipinas (BSP) has reiterated its “hands-off” stance toward the local currency, which has depreciated significantly and hit multiple…
· 2 min read

BDO Unibank Inc. has appointed Atty. Anna Theresa L. Licaros as Chief Compliance Officer effective 1 June, succeeding retiring executive Atty. Federico P.…
· 2 min read

‘The reform will strengthen the country’s financial stability as it enables banks to set aside capital that can be released in bad times to keep credit flowing…
· 2 min read

The Bangko Sentral ng Pilipinas (BSP) has approved a new capital reform requiring banks to maintain releasable capital buffers that can be tapped during…
· 2 min read

Inflation will likely rise to at least 8 percent in May as spillover effects from the Middle East conflict continue to spread across goods and services,…
· 3 min read

Fiscal and monetary policy must go hand in hand to combat the threat of stagflation, according to Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr.
· 3 min read

The Bangko Sentral ng Pilipinas (BSP) announced that it is allowing supervised financial institutions to offer temporary relief options for borrowers impacted…
· 2 min read

The Bangko Sentral ng Pilipinas (BSP) is urging businesses to adopt the Personal Equity and Retirement Account (PERA) program for employees, citing tax…
· 2 min read

The two firms’ partnership has reached over four million Filipinos abroad through remittance and payment services, combining BDO’s remittance network with…
· 1 min read

The bank’s Online Time Deposit product now offers interest rates of up to 5 percent per annum, positioning the digital savings product as an accessible…
· 2 min read

Google and Blackstone are launching a new artificial intelligence cloud business backed by an estimated $25 billion investment as competition in the booming AI…
· 1 min read

Metrobank has increased the interest rates of its Online Time Deposit product to as high as 5 percent per annum as more Filipinos seek secure and practical…
· 1 min read

The country’s external deficit widened in March while foreign exchange reserves fell to a 12-year low, according to preliminary data from the Bangko Sentral ng…
· 2 min read

The Philippine banking sector’s bad loan ratio eased to a three-month low in March as stronger lending growth helped offset the rise in nonperforming loans…
· 2 min read

Retail rice prices eased slightly in early May. Still, Filipino consumers continued to face higher costs for fish, vegetables, and other kitchen staples,…
· 1 min read

East West Banking Corporation (EastWest) has renewed its partnership with actor and digital personality Donny Pangilinan, extending his role as the bank’s…
· 1 min read

The Bangko Sentral ng Pilipinas (BSP) and other central banks and finance ministries in ASEAN+3 economies reaffirmed their commitment to regional financial…
· 2 min read

