Chuchi Fonacier

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                    [ArticleID] => 2328249
                    [Title] => More groups to establish Islamic banks in Philippines
                    [Summary] => More groups are looking at establishing Islamic banks in the Philippines as the first branch of the new banking classification is expected to open soon, according to the Bangko Sentral ng Pilipinas.
                    [DatePublished] => 2024-01-25 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 2301965
                    [Title] => More rural banks taking merger route   
                    [Summary] => More rural banks are consolidating their operations to boost the financial strength of the industry amid the initiatives of the Bangko Sentral ng Pilipinas to improve the risk management of small banks.
                    [DatePublished] => 2023-10-08 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2023/10/07/bus4-chuchi-fonacier2018-08-3019-56-14_2023-10-07_18-04-09247_thumbnail.jpg
                )

            [2] => Array
                (
                    [ArticleID] => 2299747
                    [Title] => Banks given until June 2024 to submit recovery plans
                    [Summary] => The Bangko Sentral ng Pilipinas reminded mid-sized banks to prepare and submit their recovery frameworks against extreme stress scenarios to restore viability of banks and ensure continuity of operations.
                    [DatePublished] => 2023-09-29 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2023/09/28/bsp2020-11-0619-05-53_2023-09-28_19-10-02457_thumbnail.jpg
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            [3] => Array
                (
                    [ArticleID] => 2105237
                    [Title] => More entities seek digital bank license
                    [Summary] => More entities are looking at establishing a presence in the country’s newly created digital banking space as more consumers shift to electronic channels, according to the Bangko Sentral ng Pilipinas.
                    [DatePublished] => 2021-06-14 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [4] => Array
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                    [ArticleID] => 2019285
                    [Title] => Banks given more time to extend loans to MSMEs
                    [Summary] => Banks have been given more time to use loans extended to micro, small, and medium enterprises, as well as large companies devastated by the  coronavirus  pandemic, as an alternative compliance to the reserve requirement, according to the Bangko Sentral ng Pilipinas
                    [DatePublished] => 2020-06-08 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2020/06/07/d_2020-06-07_18-06-40388_thumbnail.jpg
                )

            [5] => Array
                (
                    [ArticleID] => 2012007
                    [Title] => Big banks allowed to tap fund buffers
                    [Summary] => The Bangko Sentral ng Pilipinas  has allowed big banks to utilize their capital and liquidity buffers to absorb losses and support financing requirements amid the coronavirus disease 2019 or COVID-19 pandemic.
                    [DatePublished] => 2020-05-06 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [6] => Array
                (
                    [ArticleID] => 2010928
                    [Title] => New money laundering schemes detected by BSP
                    [Summary] => he Bangko Sentral ng Pilipinas has directed banks to pay close attention to new forms of money laundering and terrorism financing risks amid the enhanced community quarantine to prevent the spread of the coronavirus disease 2019 or COVID-19.
                    [DatePublished] => 2020-05-01 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2020/04/30/fonacier_2020-04-30_22-42-55806_thumbnail.jpg
                )

            [7] => Array
                (
                    [ArticleID] => 2010445
                    [Title] => Banks given more time to reclassify past due loans
                    [Summary] => The Bangko Sentral ng Pilipinasn is giving banks more time to reclassify loans of borrowers in areas affected by the coronavirus disease 2019 or COVID-19 as past due and non-performing.
                    [DatePublished] => 2020-04-29 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 2010191
                    [Title] => BSP tells banks to waive fees on interbank ATM transaction
                    [Summary] => The Bangko Sentral ng Pilipinas has urged banks to waive fees on ATM transactions as well as interbank fund transfers to ease the burden of Filipinos amid the coronavirus disease 2019 or COVID-19 pandemic.
                    [DatePublished] => 2020-04-28 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2020/04/27/chuchi_2020-04-27_18-21-55466_thumbnail.jpg
                )

            [9] => Array
                (
                    [ArticleID] => 2002339
                    [Title] => BSP hikes borrower’s limit to fuel more bank lending
                    [Summary] => The Bangko Sentral ng Pilipinas has increased the single borrower’s limit  to 30 percent from the current 25 percent to allow banks to lend more to borrowers affected by measures imposed to prevent the rapid spread of coronavirus disease 2019.
                    [DatePublished] => 2020-03-21 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2020/03/20/chuci_2020-03-20_18-36-42373_thumbnail.jpg
                )

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More groups to establish Islamic banks in Philippines

By Lawrence Agcaoili | January 25, 2024 - 12:00am

More groups are looking at establishing Islamic banks in the Philippines as the first branch of the new banking classification is expected to open soon, according to the Bangko Sentral ng Pilipinas.

Business

More rural banks taking merger route  

By Lawrence Agcaoili | October 8, 2023 - 12:00am

More rural banks are consolidating their operations to boost the financial strength of the industry amid the initiatives of...

Business

Banks given until June 2024 to submit recovery plans

By Lawrence Agcaoili | September 29, 2023 - 12:00am

The Bangko Sentral ng Pilipinas reminded mid-sized banks to prepare and submit their recovery frameworks against extreme stress...

Business

More entities seek digital bank license

By Lawrence Agcaoili | June 14, 2021 - 12:00am

More entities are looking at establishing a presence in the country’s newly created digital banking space as more consumers shift to electronic channels, according to the Bangko Sentral ng Pilipinas.

Business

Banks given more time to extend loans to MSMEs

By Lawrence Agcaoili | June 8, 2020 - 12:00am

Banks have been given more time to use loans extended to micro, small, and medium enterprises, as well as large companies...

Business

Big banks allowed to tap fund buffers

By Lawrence Agcaoili | May 6, 2020 - 12:00am

The Bangko Sentral ng Pilipinas has allowed big banks to utilize their capital and liquidity buffers to absorb losses and support financing requirements amid the coronavirus disease 2019 or COVID-19 pandemic.

Business

New money laundering schemes detected by BSP

By Lawrence Agcaoili | May 1, 2020 - 12:00am

he Bangko Sentral ng Pilipinas has directed banks to pay close attention to new forms of money laundering and terrorism financing...

Business

Banks given more time to reclassify past due loans

By Lawrence Agcaoili | April 29, 2020 - 12:00am

The Bangko Sentral ng Pilipinasn is giving banks more time to reclassify loans of borrowers in areas affected by the coronavirus disease 2019 or COVID-19 as past due and non-performing.

Business

BSP tells banks to waive fees on interbank ATM transaction

By Lawrence Agcaoili | April 28, 2020 - 12:00am

The Bangko Sentral ng Pilipinas has urged banks to waive fees on ATM transactions as well as interbank fund transfers to ease...

Business

BSP hikes borrower’s limit to fuel more bank lending

By Lawrence Agcaoili | March 21, 2020 - 12:00am

The Bangko Sentral ng Pilipinas has increased the single borrower’s limit to 30 percent from the current 25 percent...

Business