Money
Banks’ FCDU loans reached $15b as of June
Outstanding loans granted by foreign currency deposit units (FCDU) of banks reached $15.4 billion in the second quarter, down $66...
DBP supports gov’t logistics master plan
State-run Development Bank of the Philippines said Thursday it will extend technical and financial assistance to strategic initiatives to ensure...
Thrift banking industry remains strong — BSP
Bangko Sentral ng Pilipinas Deputy Governor Chuchi Fonacier said the thrift banking industry remains strong and resilient despite the uncertainties...
Finastra, Tonik renew digital banking tie-up in the Philippines
Finastra renewed its partnership to power Tonik’s end-to-end core banking capabilities with Finastra Essence in the Philippines. Under the new...
Deloitte acquires Philippines-based financial advisory firm Primeiro
Global professional services group Deloitte acquired Philippines-based financial advisory firm Primeiro Partners (Primeiro) to establish and stamp its leadership in...
BPI eyes P5b from fixed-rate bond offering
Bank of the Philippine Islands, the third-largest lender in terms of assets, said Tuesday it will offer peso-denominated fixed-rate bonds...
BPI to issue P5 billion worth of bonds
Bank of the Philippine Islands, the third-largest lender in terms of assets, said Tuesday it will offer peso-denominated fixed-rate bonds...
Security Bank attains ISO/IEC 27001:2022 certification
Security Bank Corp. received ISO/IEC 27001:2022 certification by The British Standards Institution (BSI) at an awarding ceremony at Security Bank...
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Metrobank recognized strongest bank for 3rd time
Metropolitan Bank & Trust Co. (Metrobank) becomes the first Philippine financial institution to claim the “Strongest Bank” title from The...
Bank loans growth slightly slowed in July
Higher interest rates and elevated inflation led to a slight growth slowdown in bank lending in July 2023, the Bangko...
Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.