BSP eyes cutting banks’ 12% reserve requirement
Bangko Sentral ng Pilipinas Governor Felipe Medalla said Thursday the reserve requirement of banks may be reduced from 12 percent ...
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Banks sustained positive momentum in first half
Banks sustained their positive momentum in the first half going into the third quarter as loan growth and asset quality ...
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Banks maintained lending standards in Q3
Banks maintained lending standards for loans to businesses and households in the third quarter, according to the latest Senior Bank ...
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Banks adjust operating hours this week, assure customers of continuous services despite virus surge
Several banks announced plans over the weekend to adjust operating hours to continue services to the public despite the surge ...
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Regulators sign agreement to streamline bank merger process
The Bangko Sentral ng Pilipinas and other regulators such as the Philippine Deposit Insurance Corp., Securities and Exchange Commission, Cooperative ...
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No laughing all the way to the bank
"Here’s the story of a beleaguered depositor." Without doubt, it’s a king-size headache for this blue chip depositor. The ...
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BSP increases foreign exchange exposure limit of banks
The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas, approved an increase in the net open foreign ...
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Prolonged downturn pressures seen weighing on PH banks’ credit profiles
Global debt watcher Fitch Ratings said Tuesday the continued weakness of the Philippine economy will impact banks’ near-term business prospects ...
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New lockdown measures to hurt PH property sector
New lockdown measures announced in late-March 2021 for the National Capital Region and surrounding provinces are likely to dampen business ...
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Local Roundup: – Banks shorten work hours – Military camp locked down – Comelec cuts list-up time – Churches temporarily close
Banks have decided to shorten their banking hours beginning today, Monday, following the risks posed to its employees and clients ...
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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.