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Philippines
Friday, March 29, 2024

Banking & Finance

Metrobank named top lender for PH ultra-rich

The Metropolitan Bank & Trust Co. (Metrobank) was named the preferred bank for affluent Filipinos. Metrobank received the Best Bank for Ultra High-Net-Worth (UHNW) citation during the Euromoney Global Private Banking Awards 2024. The latest recognition keeps Metrobank’s streak of winning major awards intact. It was named Best Bank for the Ultra High-Net-Worth and Best Domestic Private Bank by Asiamoney in 2023. The Banker recognized Metrobank as the Philippines’ Bank of the...

EastWest named best foreign exchange broker in 2023

EastWest Bank said Tuesday it received the prestigious “Best Foreign Exchange (Forex)...

LandBank assures clients of digital services, cash availability in ATMs this Holy Week

All digital channels of the Land Bank of the Philippines (LandBank) will...

Recto expects BSP to keep interest rates steady in April

Finance Secretary Ralph Recto expects the Bangko Sentral ng Pilipinas (BSP) to...

LATEST Banking & Finance

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Asialink allots P2.4b for truck financing in 2024

Asialink Finance Corp. is expanding its loan footprint in the fast-growing market for brand-new and used trucks by allocating P2.4 billion worth of loans...

BSP plans to cut reserve requirement ratios

The Bangko Sentral ng Pilipinas (BSP) may further reduce banks’ reserve requirement ratios (RRR) this year, Governor Eli Remolona Jr. said Wednesday. “We’ve lowered our...

BPI raises $400m from foreign bond market to refinance debt

Bank of the Philippine Islands (BPI) said Wednesday it raised $400 million from the issuance of US-dollar denominated bonds on strong demand from international...

BOP posted smaller deficit in February

The country’s balance of payments (BOP) deficit narrowed in February 2024 on lower government foreign debt payments, the Bangko Sentral ng Pilipinas (BSP) said...

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