Central bank relief may hit bank profitability — S&P
‘The move may undermine bank profitability as net interest margins peak and credit losses remain elevated.’ — S&P Global Ratings credit analyst, Nikita Anand.
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‘The move may undermine bank profitability as net interest margins peak and credit losses remain elevated.’ — S&P Global Ratings credit analyst, Nikita Anand.
· 2 MIN READ
This Performance translates to a 15.6 percent return on equity and a 1.6 percent return on assets, both among the strongest in the local banking industry.
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The agency said applications will be evaluated based on eligibility and loan status, with priority given to borrowers in good standing who are facing temporary…
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As Congress intensifies its probe into the country’s ongoing energy crisis, lawmakers were informed that recent fuel price increases were implemented…
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Listed liquor maker Emperador Inc. is raising €300 million, or more than P20 billion from a sustainability-linked loan (SLL) to refinance an existing debt of…
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President Ferdinand Marcos Jr. on Monday resorted to a little theatrics in confronting rumors — walking and shuffling as if he were about to break into a…
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In the tight-knit circle of Philippine family empires, where boardrooms double as family reunions and a handshake can outlast any contract, debts have a way of…
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Fuel companies currently follow a ‘replacement cost’ scheme, where retail prices reflect the expected cost of replenishing inventory based on recent global…
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Repatriated overseas Filipino workers (OFWs) affected by the Middle East crisis may now withdraw up to 100 percent of their Pag-IBIG savings and avail of a…
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The Department of Finance (DoF) and Land Bank of the Philippines (LandBank) underscored the importance of inclusive leadership and gender-responsive…
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The Department of Finance (DoF) welcomed the recent P32.35-billion dividend remittance of Land Bank of the Philippines (Landbank) to the national government,…
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The Philippines has secured a $1-billion loan from the World Bank — its largest for agriculture to date — to accelerate reforms aimed at boosting productivity,…
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Pag-IBIG Fund announced it will maintain a 3 percent annual interest rate for qualified socialized housing loans under the Expanded Pambansang Pabahay para sa…
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The Commission on Higher Education (CHEd) and Land Bank of the Philippines (Landbank) signed two landmark agreements to enhance scholarships and support for…
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The Social Security System (SSS) on Sunday said it is studying the feasibility of offering a loan moratorium for members and a condonation program for…
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The Philippines and Japan on Friday signed another batch of loan agreements worth 220 billion Japanese yen, or approximately P84.81 billion, for the completion…
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A Social Security System (SSS) member was blocked from claiming his retirement benefits after a decades-old loan he insists was already paid suddenly…
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CAGAYAN DE ORO CITY — Transport cooperatives and corporations are formally requesting a temporary suspension of monthly payments for modernized vehicles,…
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