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...
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 maintained lending standards for loans to businesses and households in the third quarter, according to the latest Senior Bank Loan Officers’ Survey conducted...
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...
The Bangko Sentral ng Pilipinas and other regulators such as the Philippine Deposit Insurance Corp., Securities and Exchange Commission, Cooperative Development Authority and the...
"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...
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...
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 announced in late-March 2021 for the National Capital Region and surrounding provinces are likely to dampen business and consumer confidence, according...
Banks have decided to shorten their banking hours beginning today, Monday, following the risks posed to its employees and clients by the increasing number...
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...
Bangko Sentral ng Pilipinas Governor Benjamin Diokno urged banks to increase their social and sustainability bonds issuance as one way of helping the country...