Security Bank: Lenders’ RRR possible at 3%
Security Bank expects the Bangko Sentral ng Pilipinas (BSP) to gradually slash the reserve requirement ratio (RRR) for universal and commercial banks from 5…
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Daily TribuneTopic
Security Bank expects the Bangko Sentral ng Pilipinas (BSP) to gradually slash the reserve requirement ratio (RRR) for universal and commercial banks from 5…
· 2 min read
Gold holdings account for about 10 percent of the country’s gross international reserves
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‘The MIC’s decision to invest in the project underscores the Philippine Government’s strong commitment to advancing the critical metals sector and fostering a…
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BDO Unibank Inc. (BDO), the country’s largest lender, reported a net income of P82 billion in 2024, up 12 percent from P73.4 billion in 2023, driven by strong…
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Newly appointed undersecretary for the Presidential Communications Office (PCO), Atty. Claire Castro, criticized former President Rodrigo Duterte’s claim that…
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The Bangko Sentral ng Pilipinas (BSP) on Monday refuted former president Rodrigo Duterte's statements that President Ferdinand "Bongbong" Marcos Jr. stole and…
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BDO Unibank grew its net income by 12 percent to P82 billion last year, compared to P73.4 billion in 2023, as the non-performing loan (NPL) ratio remained…
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Officials discovered undeclared foreign currency, including Japanese yen, euros, and Kuwaiti dinars, amounting to approximately P6.6 million.
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A third mass polio vaccination campaign began in Gaza on Saturday, AFP journalists reported, with the aim of delivering the first dose to nearly 600,000…
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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…
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Analysts expressed worries over the ballooning balance of payments (BoP) deficit that reached an 11-year high $4.1 billion in January, data from the Bangko…
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The country posted a $4.1 billion deficit in global financial transactions, or balance of payments, in January, the highest in 11 years, data from the Bangko…
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BSP Governor and Monetary Board chairman Eli Remolona Jr. said a gradual reduction of 25 basis points in any of the remaining Monetary Policy meetings this…
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President Ferdinand Marcos Jr. has approved the reduction and condonation of real property taxes (RPT) and penalties for Independent Power Producers (IPPs)…
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‘Fintech companies have become alternatives to providing credit, especially to members of the informal sector who may not want to go to the bank formally…
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District Collector Atty. Kriden F. Balgomera of the Port of Limay revealed Friday that he had issued a warrant of seizure and detention against a vessel and 11…
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Steady rate should drive higher economic growth through loan-based consumption of goods and services by households and businesses while keeping inflation rates…
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Lending by universal and commercial banks slightly rose by 12.2 percent in December from 11.1 percent in November last year as interest rates remained elevated.
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