Thursday, May 21, 2026
Today's Print

Tag: banks

BSP unwinds relief measure on alternative reserve requirement

The Bangko Sentral ng Pilipinas said Wednesday it will begin to unwind the temporary regulatory relief measure allowing banks to utilize peso-denominated loans to...

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 in the first semester...

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 stayed resilient in the...

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 Loan Officers’ Survey conducted...

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 in COVID-19 infection that...

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 Development Authority and the...

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 depositor, whom we cannot identify for fear...

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 exchange position limit for...

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 and could weigh on...

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 and consumer confidence, according...

Local Roundup: – Banks shorten work hours – Military camp locked down – Comelec cuts list-up time – Churches temporarily...

Banks have decided to shorten their banking hours beginning today, Monday, following the risks posed to its employees and clients by the increasing number...

OFW remittances dropped 4.2 percent in August

Cash remittances from Filipinos working overseas declined by 4.1 percent in August to $2.483 billion from $2.589 billion in the same month last year...

JPMorgan Chase asks some managers to return to the office

JPMorgan Chase, the largest US bank, has asked the heads of its sales and trading units to return to the office by September 21,...

Sell more social bonds to fight virus, banks told

Bangko Sentral ng Pilipinas Governor Benjamin Diokno urged banks to increase their social and sustainability bonds issuance as one way of helping the country...
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