UNIVERSAL BANKS

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                    [ArticleID] => 1325345
                    [Title] => Blog: Why I still believe in saving in a bank
                    [Summary] => 
Thirty years ago, I heard that interest rates from the banking system were about 20% per year. Back then, it seemed to make perfect sense to deposit money in the bank. As discussed before, interest is the price of money, and interest revenue represents the price that a bank pays for the use of your money when you deposit. In simplified terms, banks channel money by accepting deposits from clients and lending to businesses and consumers. Banks charge a higher interest to those who borrow, and pay part of this interest to clients.

                    [DatePublished] => 2014-05-20 18:19:30
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1460670
                    [AuthorName] => Lester Yee, contributing columnist
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
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                    [ArticleID] => 695274
                    [Title] => The Philippine banking giants
                    [Summary] => 
Last week, we wrote about the biggest conglomerates in the country while profiling their constituent businesses (The big boys,  June 6, 2011). For this article, we will focus on the country’s biggest  banks and on some of the metrics that we use to better understand them.
                    [DatePublished] => 2011-06-13 00:00:00
                    [ColumnID] => 135252
                    [Focus] => 0
                    [AuthorID] => 1781272
                    [AuthorName] => Valentino Sy
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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Blog: Why I still believe in saving in a bank

By Lester Yee, contributing columnist | May 20, 2014 - 6:19pm

Thirty years ago, I heard that interest rates from the banking system were about 20% per year. Back then, it seemed to make perfect sense to deposit money in the bank. As discussed before, interest is the price of...

Business

The Philippine banking giants

By Valentino Sy | June 13, 2011 - 12:00am

Last week, we wrote about the biggest conglomerates in the country while profiling their constituent businesses (The big boys, June 6, 2011). For this article, we will focus on the country’s biggest banks...

Business