BSP’s credit enhancement scheme yields P5.3 billion in loans
Total loans to micro, small and medium enterprises (MSMEs) under a credit enhancement scheme amounted to P5.31 billion since the program was launched more than a decade ago, data from the Bangko Sentral ng Pilipinas (BSP) showed.
Banking
More expats prefer the Philippines as family destination — HSBC
The Philippines is becoming more and more popular as an expat destination in Southeast Asia, British banking giant Hong Kong and Shanghai Banking (HSBC) said.
Banking
Philippines banks slowly tap green financing
Philippine banks convened with other banks in Southeast Asia to look into green financing as the Asia Pacific region still lacks readiness and resiliency, while only a handful of countries have a firm environmental, social and governance (ESG) standards.
Banking
BDO still largest Philippine bank in H1
BDO Unibank Inc. maintained its dominance in the banking industry in terms of total assets, capital, deposits, and loans in the first half of the year, data from the Bangko Sentral ng Pilipinas (BSP) showed.
Banking
Big banks establish more branch-lite units
Big banks are establishing more branch-lite units as part of efforts of the Bangko Sentral ng Pilipinas (BSP) to promote financial inclusion.
Banking
PNB expands in Visayas, Mindanao
BSP: Mergers to further strengthen Philippine banks
BDO takes in strategic partner for ONB
Government vows to hurdle constraints in financing for small businesses
Visa expands financial literacy program to teachers
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