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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
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
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
Over a year ago
Moody’s says Philippine banks’ capital ratios to remain under pressure
By Lawrence Agcaoili | Over a year ago
The capital ratios of banks operating in the Philippines will remain under pressure amid the strong growth in the banking...
Business
Over a year ago
PDIC raises P68 million from asset sale
By Lawrence Agcaoili | Over a year ago
Government-run Philippine Deposit Insurance Corp. (PDIC) has raised close to P68 million last February from the sale of foreclosed...
Business
Over a year ago
Banks’ reserve ratio likely reduced to 18%
By Lawrence Agcaoili | Over a year ago
Nomura Securities said the Bangko Sentral ng Pilipinas (BSP) is likely to further slash the level of deposits banks are required...
Business
Tighter credit standards for comm’l real estate loans
By Mary Grace Padin | April 24, 2017 - 12:00am
Banks continued to tighten their credit standards for real estate loans to companies, while maintained those for housing loans of individuals during the first quarter, the Bangko Sentral ng Pilipinas (BSP) repo...
Over a year ago
Business
Banks keep credit standards tight
By Mary Grace Padin | April 23, 2017 - 12:00am
Local banks continued to tighten their credit standards for loans to companies, but maintained those for households during the first quarter of the year, the Bangko Sentral ng Pilipinas (BSP) reported.
Over a year ago
Business
Over a year ago
Banks swamped with P10T in deposits — PDIC
By Julian Ocampo | Over a year ago
Banks are overflowing with cash with deposits breaching the P10-trillion mark last year and giving the economy enough credit...
Business
Banks to double number of kiddie savings accounts
By Lawrence Agcaoili | April 17, 2017 - 6:47pm
Banks are confident of doubling the number of kiddie savings account opened under the Banking On Your Future (BOYF) program of the Bangko Sentral ng Pilipinas (BSP) and the Department of Education (DepEd).
Over a year ago
Banking
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