BSP, CIMB probe bogus fund transfers
While the digital bank has yet to release more details about the abnormal transactions, CIMB said ‘a few’ customers were affected
· 1 min read
Daily TribuneTopic
While the digital bank has yet to release more details about the abnormal transactions, CIMB said ‘a few’ customers were affected
· 1 min read
External borrowings in the first quarter included bond issuances amounting to $3.33 billion, five project loans worth $1.46 billion, and three program loans…
· 2 min read
The first quarter survey results showed that most respondent banks (81.8 percent) retained their credit standards, a decrease from the previous quarter, where…
· 1 min read
The endeavor symbolizes Sun Life’s unwavering dedication to bringing hope where it can.
· 2 min read
Bank of the Philippine Islands (BPI) aims to grow agricultural loans by at least 10 percent this year through its partnership with Agrilever.
· 1 min read
The bank said the growth reflected higher gross customer loans at 12 percent to P3.3 trillion, while the non-performing loans ratio slightly declined by 0.1…
· 2 min read
A weekly delivery of gold to BSP Davao is 200 kilograms on average or 200,000 grams. This is P1.2 billion in any language.
· 3 min read
‘The deficit reflected the government’s drawdowns on its foreign currency deposits with the BSP to meet its external debt obligations, as well as the BSP’s net…
· 2 min read
Movable asset finance involves non-real estate assets like inventories, receivables, and equipment, that the MSME borrowers can present as collateral for bank…
· 1 min read
The Board Effectiveness Assessment is a launchpad for sustainable governance transformation.
· 3 min read
‘The BSP app keeps you updated on the latest news, advisories, and important announcements.’
· 1 min read
“According to Philippine Statistics Authority data, food prices rose by 16 percent from June 2022 to February 2025, further eroding purchasing power.
· 3 min read
Aside from global economic uncertainties stemming from Trump tariffs, Remolona warned of possible elevated prices of transport, utility and meat
· 2 min read
The US has accused the United Nations body, the World Health Organization (WHO), of mismanaging the coronavirus pandemic and failing to make “greatly needed…
· 4 min read
Similarly, the BSP reduced the inflation outlook to 3.3 percent from 3.7 percent. For 2027, the Central Bank projects 3.2 percent
· 2 min read
The Bangko Sentral ng Pilipinas (BSP) slashed its policy rate by 25 basis points (bps) to 5.5 percent from 5.75 percent on Thursday due to easing prices of…
· 1 min read
Falling rice and transportation prices were essentially behind lower inflation
· 2 min read
‘Coins with smaller denominations, especially the 10, 5, and 1 sentimo coins are often regarded to have no value and are sometimes either thrown away outright…
· 2 min read