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By Ligaya Rabago-Visaya | October 9, 2015 - 10:00am
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The government is studying whether to ask Congress for a supplemental budget for the government’s Unified Package for Livelihoods, Industry, Food and Transport (UPLIFT) program, a Palace official said yesterday, after the administration expressed its intent to tap the Asian Development Bank (ADB) instead for funding the aid.
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Total resources of the Philippine financial system climbed to a record P37.31 trillion as of end-April, driven by sustained growth in bank assets and the continued expansion of digital lenders.
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The government is seeking up to $1.5 billion from the Asian Development Bank to support state programs aiming to cushion the economic shock from the Middle East crisis, Finance Secretary Frederick Go said.
1 day ago
BSP relief protects bank capital ratios from yield-driven securities losses, but does not remove underlying duration risk.
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The Jollibee Group Foundation has partnered with the microfinance arm of the Bank of the Philippine Islands to provide onion farmers access to financing that may help them improve their productivity and boost their income.
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February 12, 2018
- 12:00 am
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