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Fitch downgrades 4 Philippine banks
By Lawrence Agcaoili | May 13, 2020 - 12:00am
Fitch Ratings has taken negative ratings action on state-run Land Bank of the Philippines and Development Bank of the Philippines as well as privately-owned China Banking Corp. and Philippine National Bank as the...
21 days ago
Business
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21 days ago
Bank lending grows for 5th straight month
By Lawrence Agcaoili | 21 days ago
Loan growth accelerated for the fifth straight month in March amid the enhanced community quarantine, which forced many businesses...
Business
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Banks borrow P20.7 billion from rediscount window
By Lawrence Agcaoili | May 12, 2020 - 12:00am
Philippine banks borrowed close to P14 billion from the peso rediscounting loan facility of the Bangko Sentral ng Pilpinas (BSP) last month to meet their temporary liquidity needs amid the coronavirus disease 2019...
22 days ago
Business
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29 days ago
Separate entity eyed to absorb record bad loans seen from coronavirus
By Prinz Magtulis | 29 days ago
A special purpose vehicle is among the mechanisms mulled by banks, regulators and legislators to help lenders cope with unpaid...
Business
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Banks told to augment digital channels
By Lawrence Agcaoili | April 27, 2020 - 12:00am
Banks and financial institutions were ordered to augment the existing capabilities of their digital channels as the enhanced community quarantine in the National Capital Region and nearby provinces has been extended...
37 days ago
Business
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Banking transactions eased as new law takes effect
By Lawrence Agcaoili | April 3, 2020 - 12:00am
Local banks vowed to comply with the implementing rules and regulations of a new law aimed at easing the burden of Filipinos amid the coronavirus disease 2019 pandemic.
61 days ago
Business
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175 days ago
LIST: Bank schedule for 2019 holidays
By Rosette Adel | 175 days ago
A number of banks have announced schedule adjustments for the holiday seasons.
Business
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Over a year ago
Banks urged to step up defense vs cyberattacks
By Lawrence Agcaoili | Over a year ago
The Bangko Sentral ng Pilipinas has reiterated the need for banks to step up their cyberdefenses and capabilities as more...
Business
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Bank deposits in Cebu hit P486.44B in 2017
By Carlo S. Lorenciana | May 15, 2018 - 12:00am
Cebu banks again topped provinces outside Metro Manila in terms of deposits in 2017 as it emerges as the financial hub in southern Philippines.
Over a year ago
Freeman Cebu Business
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Tax advantaged investments
By Vernon Joseph Go | May 8, 2018 - 12:00am
When it comes to investing, it's not just how much you make that matters; it’s how much you keep after taxes that matters more.
Over a year ago
Freeman Cebu Business
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