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Banks see no urgent need to tap debt markets
Banks see no urgent need to tap debt markets
By Lawrence Agcaoili | 14 days ago
Philippine banks see no immediate need to tap the domestic and foreign debt markets this year after raising enough funds at...
Business
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5 banks to seek digital banking license
5 banks to seek digital banking license
By Lawrence Agcaoili | 28 days ago
At least five banks are planning to apply for a digital bank license as part of efforts to improve the accessibility of financial...
Business
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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...
Business
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Bank lending grows for 5th straight month
Bank lending grows for 5th straight month
By Lawrence Agcaoili | 250 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...
Business
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Separate entity eyed to absorb record bad loans seen from coronavirus
Separate entity eyed to absorb record bad loans seen from coronavirus
By Prinz Magtulis | 258 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...
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.
Business
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LIST: Bank schedule for 2019 holidays
LIST: Bank schedule for 2019 holidays
By Rosette Adel | Over a year ago
A number of banks have announced schedule adjustments for the holiday seasons.
Business
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Banks urged to step up defense vs cyberattacks
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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