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Bank loans used as RRR compliance hit P6.4 billion

Mid-sized and small banks have extended around P6.4 billion loans to micro, small and medium enterprises (MSMEs) as well as large companies, and booked these loans in compliance with their reserve requirement ratios, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Medical School Loans: A Comprehensive Guide

Embarking on a journey through medical school is a significant undertaking, and for many aspiring physicians, navigating the financial aspects can be a daunting task. Securing appropriate funding through medical school loans is a crucial step in this process. This comprehensive guide aims to provide valuable insights into how to find the best medical school […] The post Medical School Loans: A Comprehensive Guide appeared first on Kagay An......»»

Category: newsSource:  kagay_anRelated NewsMar 20th, 2024

Rights groups urge German, Czech Republic gov’ts to raise lack of accountability, continuing killings

Human rights group Karapatan urged the governments of Germany and the Czech Republic to raise concerns on the “dire lack of accountability and the continuing killings in the Philippines” as Ferdinand Marcos Jr. is on a state visit in the said countries. The post Rights groups urge German, Czech Republic gov’ts to raise lack of accountability, continuing killings appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 14th, 2024

Banks’ bad loans ratio highest in 8 months

The share of bad loans to the banking sector’s total loan book went up to an eight-month high in January, snapping two straight months of decline, as borrowers felt the pinch of elevated interest rates......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

Robinsons Land raised P8.5-B in RCR block sale

Robinsons Land sold just over 1.725 billion shares of RL Commercial REIT [RCR 5.01 ?3.5%; 143% avgVol] in an overnight block sale after initiating a private sale process with BPI Capital......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

NFA defends sale of cheap rice; farmers slam ‘mafia’

The National Food Authority yesterday defended the sale of rice to some traders, saying the NFA is allowed to dispose of aging stocks amid the alleged anomalous sale of rice to traders......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

EcoWaste Coalition Seeks Mayor Rama s Help to Halt Sale of Banned Cosmetics with Mercury

22 February 2024, Cebu City/Quezon City.  An environmental health NGO sought the help of Cebu City Mayor Michael "Mike" Rama to stop the unlawful sale of contraband cosmetics containing high concentrations of mercury, a health-damaging chemical not allowed in cosmetic products."We respectfully request your good office to take the necessary action to stop the continuing sale in Cebu City of skin whi.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024

Pagga-garage sale ni Michelle problema, kotse ni Rhian tambak sa garahe

HATAWANni Ed de Leon NAKATATAWA naman ang biruan nina Michelle Dee at Rhian Ramos.  Sa biruan nila obvious na magkasama nga sila sa iisang bahay. Ang biro ni Rhian, kailangan daw mag-garage sale na si Michelle dahil ang dami na niyong gamit sa kanilang bahay.  Ang sagot naman ni Michelle, paano siya makakapag-garage sale eh ang garahe nila ….....»»

Category: filipinoSource:  hatawtabloidRelated NewsFeb 4th, 2024

Banks’ bad loans swell in 2023

The soured loans of Philippine banks picked up to 3.23 percent in 2023 from the almost two-year low in 2022, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

SM Prime expects to raise P25 billion from bond issue

Sy-led integrated property developer SM Prime Holdings Inc. is gearing up to raise as much as P25 billion from a proposed bond offering to fuel its expansion......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Monetary Board approves $2.87B in foreign loans for public sector in Q1 2024

Monetary Board approves $2.87B in foreign loans for public sector in Q1 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 15th, 2024

P200 million loans released for President Marcos housing program – DHSUD

The Home Development Mutual Fund or Pag-IBIG Fund has released P200 million worth of developmental loans earmarked for housing projects under the Marcos administration’s flagship Pambansang Pabahay Para sa Pilipino (4PH) Program......»»

Category: newsSource:  philstarRelated NewsApr 15th, 2024

GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed

Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed

Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

Banks’ bad loans rise in February

The soured loans of Philippine banks picked up for the 14th straight month in February, bringing the gross non-performing loan ratio to a steady 3.44 percent, amid high interest rates......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Phones, laptops top purchases for loans

Gadgets such as mobile phones and laptops are the top consumer products being purchased in the Philippines using loans, according to Home Credit Philippines......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Pag-IBIG members urged: Avail of housing, savings loans

Pag-IBIG members urged: Avail of housing, savings loans.....»»

Category: newsSource:  sunstarRelated NewsFeb 29th, 2024

Pag-IBIG releases record P126 billion in home loans

The Home Development Mutual Fund, commonly known as Pag-IBIG, has released a record P126 billion in housing loans last year for nearly 97,000 members......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

GSIS earmarks P44 million for emergency loans

State-run pension fund Government Service Insurance System has allocated P44 million in emergency loans to members and pensioners affected by the heavy rainfall in Camarines Norte......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

ACEN issues corporate guarantee on subsidiary’s loans

ACEN Corp., the listed energy platform of the Ayala Group, has issued corporate guarantee in support of loans amounting to $320 million of subsidiary ACEN Cayman......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024