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BDO, BoI seal deal to attract more FDIs
In a bid to attract more foreign direct investments into the country, the Philippines' premier investment promotion agency, the Board of Investments (BoI), and…
· 3 MIN READ
Daily TribuneTopic
In a bid to attract more foreign direct investments into the country, the Philippines' premier investment promotion agency, the Board of Investments (BoI), and…
· 3 MIN READ
Islamic banking applies Shari’ah principles or Islamic law practiced by Muslims
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‘The net proceeds of the SRO are intended for capital infusion to UnionDigital and to fund UnionBank’s consumer asset growth’
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The Bangko Sentral ng Pilipinas (BSP) said it marked a milestone with the third anniversary of PhilPaSSplus, the real-time gross settlement (RTGS) system.
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The BSP can closely monitor developments in the digital banking industry and obtain a broader perspective as these banks mature further in their operations.
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The bank remained well capitalized, with a total capital adequacy ratio of 24.3 percent and a common equity tier 1 ratio of 23.2 percent. PSBank shared these…
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UnionBank reported top-line revenues of P37.3 billion for the first half of 2024, an 8.3% increase from the same period last year. Net interest income rose by…
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Foreign Minister Dmytro Kuleba reiterated that any peace deal with Moscow would have to respect Ukraine’s sovereignty
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BDO pursues long-term growth and profitability, while sustaining market leadership.
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‘The first three months showed we even had a higher acquisition rate of 50,000 new cards monthly.’
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The loans were distributed to nearly 1,400 agricultural and non-agricultural cooperatives nationwide as well as to ACDI, the cooperative serving active and…
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Bank officials say projected loan growth will likely be driven by a sustained demand for goods and services despite prospects of elevated interest rates for a…
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Total deposits grew by 11 percent to P3.57 trillion, with a 72-percent share of low-cost current and savings accounts
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Metropolitan Bank and Trust Co., or Metrobank, grew its net income by 28.9 percent to P42.2 billion last year from the level in 2022 due to higher demand for…
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GCash was initially available in beta to users in the US, Canada, Italy, the UK, Australia and Japan
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Non-interest income surged by 41 percent to P19 billion due to a 54 percent growth in service fees for bills payments, fund transfers, interchange, and credit…
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‘The MoU inked by PEZA, RCBC and globally renowned Japanese financial institution Sumitomo Mitsui Banking Corp. will significantly contribute to the Philippine…
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Gross non-performing loans ratio improved to 3.4 percent as more clients have recovered from the pandemic
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