Wednesday, May 20, 2026
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Tag: banks

BSP tightens delisting rules on bank officials

The Bangko Sentral ng Pilipinas (BSP) has amended its regulations on the disqualification of directors and officers, establishing specific delisting procedures for banks and...

BSP warns public vs. text hijacking scam

The Bangko Sentral ng Pilipinas (BSP) on Friday warned the public to remain vigilant against text messages urging users to click on malicious links...

Tulfo eyes bank-only payments to curb online gambling

Senator Erwin Tulfo on Monday suggested shifting online gambling payments directly to banks to limit access among low-income Filipinos and curb the growing digital...

BSP tells banks, e-wallets to remove in-app gambling access links

The Bangko Sentral ng Pilipinas (BSP) on Thursday issued a directive to all electronic wallets, banks and other supervised institutions to remove in-app gambling...

BSP eyes tougher safeguards to protect banks from gaming harm

The Bangko Sentral ng Pilipinas (BSP) said Thursday it is finalizing new rules to strengthen safeguards against gambling-related harm for financial service providers like...

Philippine bank loans up 11.3% in May 2025

Outstanding loans from universal and commercial banks in the Philippines rose again in May 2025, driven by lending to both businesses and individual consumers. Preliminary...

Ayala hires 7 banks to raise P20b from shares offering

Conglomerate Ayala Corp. hired seven banks to handle its planned P20-billion preferred shares offering in June 2025. Ayala engaged BDO Capital Investments Corp., BPI Capital...

Fitch upgrades viability ratings of PH banks

Fitch Ratings upgraded the viability ratings of Philippine banks, citing improved financial metrics driven by the country’s robust economic environment over the past three...

Banks cannot refuse payment from borrowers, says SC

The Supreme Court (SC) on Monday said banks are not permitted to unreasonably refuse payment by borrowers, who risk facing higher interest and additional...

BSP to slash banks’ reserve requirement ratio this year

The Bangko Sentral ng Pilipinas (BSP) will significantly reduce the reserve requirement ratio (RRR) of banks this year, with plans for further cuts in...

Conspiracy theories take off after global IT crash

From fearmongering about a looming “World War III” to false narratives linking a cabal of global elite to a cyberattack, a torrent of online...

Global IT outage: The main sectors affected

Paris, France—A massive IT blackout on Friday affected a wide range of sectors around the world, from Japan to the United States. Here is an...

SteelAsia borrows P8.3b from GSIS, banks

SteelAsia Manufacturing Corp., one of the world’s largest reinforced bar manufacturers, said Friday it secured an P8.3-billion loan from a consortium of banks to...

Bangko Sentral issues taxonomy guidelines on sustainable finance

The Bangko Sentral ng Pilipinas (BSP) said Friday its policy-making Monetary Board approved the adoption of the Philippine Sustainable Finance Taxonomy Guidelines (SFTG) for...
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