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+ Follow Philippine financial system Tag
Philippine financial system
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 2108043
                    [Title] => Philippines secures fresh World Bank loan for financial sector upgrade
                    [Summary] => The Philippines on Friday secured a $400-million (P19.5 billion) loan from the World Bank to fund projects that would strengthen the country’s financial sector in the face of coronavirus fallout.
                    [DatePublished] => 2021-06-25 11:35:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1805247
                    [AuthorName] => Ian Nicolas Cigaral
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2021/06/25/world-bank-hq_2021-06-25_11-36-07488_thumbnail.jpg
                )

            [1] => Array
                (
                    [ArticleID] => 1863398
                    [Title] => Philippine financial system sustains strong performance in H1 — BSP
                    [Summary] => The country’s financial system managed to sustain its “strong performance” in the first semester of the year amid lingering global financial market volatility, the Bangko Sentral ng Pilipinas said.
                    [DatePublished] => 2018-10-26 16:21:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => http://media.philstar.com/images/articles/bus1-bsp_2018-06-12_19-45-30252_thumbnail.jpg
                )

            [2] => Array
                (
                    [ArticleID] => 938354
                    [Title] => Banks’ bad loans ratio drops to 1.87%
                    [Summary] => 

The proportion of soured loans to total bank credit dropped to a historic low last year as big lenders extended more money and more borrowings were paid, the Bangko Sentral ng Pilipinas (BSP) said.

[DatePublished] => 2013-05-05 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 937959 [Title] => BSP on guard against asset bubbles [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) is on guard against the threat of asset bubbles following succeeding promotions to investment-grade status expected to boost the country’s financial system.

[DatePublished] => 2013-05-04 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 806693 [Title] => Bank assets up 5.7% to P7.54 trillion in February [Summary] =>

The total assets of banks operating in the Philippines went up by 5.7 or P477 billion to P7.541 trillion in end-February from P7.064 trillion in the same period last year, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.

[DatePublished] => 2012-05-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 804997 [Title] => BSP cites need for measures to boost banks [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) stressed the need to implement measures to further strengthen the local banking industry to survive the further spillover effects of the sovereign debt crisis in Europe as well as the economic slowdown in advanced economies led by the US.

[DatePublished] => 2012-05-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 681886 [Title] => Bank earnings up 31.4% to P91.2B [Summary] =>

Earnings of the Philippine banking system went up by 31.4 percent in 2010 on the back of the industry’s strong interest and non-interest income, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.

[DatePublished] => 2011-05-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 596290 [Title] => BSP sets tighter capitalization rules [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) is set to finally implement tighter capitalization standards for major players in the banking industry starting January next year to further strengthen country’s the financial sector.

[DatePublished] => 2010-07-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 591761 [Title] => Number of banking institutions fewer by 32 in first quarter [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) reported on Friday that the number of banking institutions was fewer by 32 in the first quarter of the year indicating the continued  consolidation of banks as well as the exit of weaker players.

[DatePublished] => 2010-07-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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