^
+ Follow BENCHMARK TREASURY Tag
BENCHMARK TREASURY
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 906906
                    [Title] => BSP defends low loan-to-GDP ratio
                    [Summary] => 

Philippine banks have not contributed enough to economic growth compared to some of their Southeast Asian counterparts, but regulators and bank officials were quick to defend lenders by saying financial resources have diversified.

[DatePublished] => 2013-02-10 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 367596 [Title] => Bank merger, strong Q3 results propel stocks to new 9-year high [Summary] => Share prices rose to a fresh nine-year high yesterday, buoyed by robust third quarter corporate results and news of a major merger in the banking sector, dealers said.

They said stocks climbed, led by Equitable PCI Bank and Banco de Oro after they announced their merger to form the nation’s second-largest lender by assets.

Other issues rose after the government said inflation was at its slowest pace in more than two years and as the yield of the Benchmark Treasury bill that banks use to price loans fell to a six-month low.
[DatePublished] => 2006-11-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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