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Bank lending picks up pace in January

Despite elevated interest rates, bank lending growth climbed to an eight-month high of 7.8 percent in January, amid the continued recovery of the economy......»»

Category: financeSource: philstar philstarMar 8th, 2024

SEC revokes license of lending firm

The Securities and Exchange Commission has revoked the certificate of authority of Wealth and Personal Development Lending Inc. to operate as a lending company......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

Factory output growth picks up in January

The country’s factory output went up at a quicker pace in January from the previous month due mainly to the slower contraction in production of electronic products and beverages, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Wanky picks Solis for PIO role, pledges transparency at PRO-Western Visayas

Wanky picks Solis for PIO role, pledges transparency at PRO-Western Visayas.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

Wanky picks Solis for PIO role, pledges transparency at PRO-Western Visayas

Wanky picks Solis for PIO role, pledges transparency at PRO-Western Visayas.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

Wanky picks Solis for PIO role, pledges transparency at PRO-Western Visayas

Wanky picks Solis for PIO role, pledges transparency at PRO-Western Visayas.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

Wanky picks Solis for PIO role, pledges transparency at PRO-Western Visayas

Wanky picks Solis for PIO role, pledges transparency at PRO-Western Visayas.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

Rain or Shine receives 1st-round picks as PBA approves Nambatac trade

Rain or Shine lets go of Rey Nambatac as it acquires a pair of first-round picks from Blackwater.....»»

Category: newsSource:  rapplerRelated NewsFeb 14th, 2024

Philippines central bank keeps key interest rates unchanged

MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday to keep the bank's target reverse repurchase rate at 6.5 percent, and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the latest inflation path has shifted slightly higher but still remains within targe.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

SEC revokes Copperstone Lending’s certificate of incorporation, authority to operate as lending company

SEC revokes Copperstone Lending’s certificate of incorporation, authority to operate as lending company.....»»

Category: newsSource:  sunstarRelated NewsApr 26th, 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

Money lending firm collector killed in Zamboanga del Sur ambush

Gunmen killed a collector of a local money lending firm in a daytime ambush in Barangay Lutlutan in Dimataling town, Zamboanga del Sur on Wednesday......»»

Category: newsSource:  philstarRelated NewsMar 28th, 2024

SEC scores another victory vs erring lending firms

The Securities and Exchange Commission has scored another major victory against erring lending companies......»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

MPBA Season 2 completes north and south conferences’ semifinal contenders 

CEBU CITY, Philippines — The KMNH Lending-Luigi Bercede completed the southern conference’s final four of the ongoing Mandaue’s Pride Basketball Association (MPBA) Season 2: Cebuano Cup’s south division after grabbing a crucial win on Sunday evening against the Quadernos, 83-71.  The victory earned the KMNH Lending-Luigi Bercede the last remaining semifinal slot in the MPBA.....»»

Category: sportsSource:  abscbnRelated NewsFeb 19th, 2024

DTI NegOcc warns public of unregistered lending firm

DTI NegOcc warns public of unregistered lending firm.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

Euromoney recognizes Metrobank as Best Bank for Ultra High-Net-Worth Filipinos

Metropolitan Bank & Trust Co. (Metrobank) remains the preferred bank for affluent Filipinos as it receives the Best Bank for Ultra High-Net-Worth (UHNW) award at the Euromoney Global Private Banking Awards 2024......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

BPI sells shares in GoTyme Bank

The Bank of the Philippine Islands sold its 752 million common shares of GoTyme Bank Corp. to GoTyme Financial Pte. Ltd. and Giga Investment Holdings Pte. Ltd, the bank said yesterday......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

45 crore Jan Dhan accounts have accumulated Rs 2.1 lakh crore: Anurag Thakur

New Delhi [India], February 17 (ANI): Union Minister Anurag Thakur on Friday inaugurated the 2024 Annual Government and Institutional Business Meet of the Federal Bank and asserted that under the Jan Dhan scheme around 45 crore bank accounts have been opened. Addressing an audience of the officials and employees of the bank, the Minister at the very outset, congratulated Federal Bank for an all-time high share price. Reca.....»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024