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+ Follow GOVERNOR RAFAEL BUENAVENTURA Tag
GOVERNOR RAFAEL BUENAVENTURA
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 638328
                    [Title] => Phl banks resilient - IMF
                    [Summary] => 

Multilateral lender International Monetary Fund (IMF) reiterated that the local banking system remained resilient after the Bangko Sentral ng Pilipinas (BSP) managed to put in place reforms aimed at containing the effects of the global financial crisis.

[DatePublished] => 2010-12-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 595995 [Title] => IMF cites need for quick approval of amended BSP charter [Summary] =>

Multilateral lender International Monetary Fund (IMF) has stressed the importance of quickly amending the charter of the Bangko Sentral ng Pilipinas (BSP) to further strengthen the country’s banking supervision and re-gulatory framework.

[DatePublished] => 2010-07-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 592633 [Title] => Senate to pursue BSP charter change [Summary] =>

The Senate Finance Committee yesterday vowed to pursue the amendments to the charter of the Bangko Sentral ng Pilipinas (BSP) that was proposed as early as the term of the late central bank Governor Rafael Buenaventura.

[DatePublished] => 2010-07-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 298145 [Title] => NG borrowing scheme may lead to new debt crisis — Paeng [Summary] => Former Bangko Sentral ng Pilipinas (BSP) Governor Rafael Buenaventura has warned that the National Government’s present borrowing scheme could lead to a debt crisis.
[DatePublished] => 2005-09-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 278534 [Title] => The saga of Ted Borlongan [Summary] => Forty-one days ago, Ted Borlongan shot himself at the Loyola Memorial Park in Quezon City. His death caused no small amount of wonderment and regret among his friends and admirers. His family – wife Dolly and four children – Jonathan, Christopher, Kathy and Stephie – were shocked, were inconsolable.
[DatePublished] => 2005-05-21 00:00:00 [ColumnID] => 134209 [Focus] => 0 [AuthorID] => 1804859 [AuthorName] => Domini M. Torrevillas [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) [5] => Array ( [ArticleID] => 272763 [Title] => Total car wreck [Summary] => The despedida for Bangko Sentral Deputy Governor Alberto Reyes will have to wait until Governor Rafael Buenaventura reports back for work later this month after his annual executive check-up.

Following the alphabetical rotation when Paeng Buenaventura is out of town, Bert Reyes is the current officer-in-charge.
[DatePublished] => 2005-04-05 00:00:00 [ColumnID] => 135040 [Focus] => 0 [AuthorID] => 1488513 [AuthorName] => Margaret Jao-Grey  [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 272470 [Title] => Banks’ NPL ratio improves as total lending picks up [Summary] => The non-performing loan (NPL) ratio or bad loans ratio of the universal and commercial banking industry improved last January as the industry’s total loan portfolio increased and non-performing loans declined.

Data from the Bangko Sentral ng Pilipinas (BSP) showed that as of end-January 2005, the industry’s NPL ratio improved to 12.54 percent from 12.72 percent in December and 14.47 percent a year earlier.
[DatePublished] => 2005-04-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 271858 [Title] => Peso slips 28.5¢ on inflation fears [Summary] => With the dollar gaining strength against regional currencies, the peso fell to 54.48 to the dollar yesterday as the market also anticipated a rise in domestic inflation that could lead to a surge in interest rates.

At the Philippine Dealing System (PDS), the peso opened weak at 54.40 to the dollar and quickly depreciated to a low of 54.485 despite a short rally that brought the currency up to an intra-day high of 54.29 to $1.
[DatePublished] => 2005-03-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 270552 [Title] => OFW remittances jump 15.9% to $723M in Jan [Summary] => Remittances by overseas Filipino workers (OFWs) grew by 15.9 percent in January, reaching $723 million compared to $624 million a year earlier.

The Bangko Sentral ng Pilipinas (BSP) attributed the higher remittance inflow to the continued increase in the number of workers deployed abroad.

The BSP said the Philippine Overseas Employment Administration (POEA) has noted a six-percent increase in the number of newly hired and rehired OFWs.
[DatePublished] => 2005-03-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 270023 [Title] => Wells Fargo in search of local partner [Summary] => California-based Wells Fargo & Co is actively looking for a local partner in the Philippines, specifically for its investment and consumer banking operations.

The Bangko Sentral ng Pilipinas (BSP) revealed yesterday that Wells Fargo officials have met with monetary officials to explore the possibility of setting up operations in the Philippines.

BSP Governor Rafael Buenaventura said Wells Fargo is seriously interested but did not plan to go on its own without a local partner who already has the network and expertise.
[DatePublished] => 2005-03-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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