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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

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

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

Timeline: Road to girls flag football becoming IHSA-sanctioned sport

Timeline: Road to girls flag football becoming IHSA-sanctioned sportStory by Gabby HajdukThe Bears have played an integral role in supporting girls flag football throughout the past four years. Below are the notable moments that have culminated in the IHSA making girls flag football an official sport beginning this fall.March 2020: Bears manager of.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey

New Delhi [India], March 21 (ANI): Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found. A nonperforming asset refers to loans or advances that are on the brink of default. According to the survey, a large majority (77 per cent) of the respon.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 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

ADB approves 655,000 USD to help Philippine rural banks digitization

MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024

ADB approves 655,000 USD to help Philippine rural banks digitization

MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

Will Smith, Vanessa Hudgens back in Bad Boys 4, trailer drops

Will Smith and Martin Lawrence are back for another round as Mike Lowrey and Marcus Burnett following the dropped trailer for a fourth "Bad Boys" movie, officially titled "Bad Boys: Ride or Die.".....»»

Category: entertainmentSource:  philstarRelated NewsMar 27th, 2024

46 AFP generals, flag officers get CA approval

he appointments of 46 generals and flag officers of the Armed Forces of the Philippines have been approved ad interim by the Commission on Appointments......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

Skier Rabe Philippines flag-bearer in YOG

Freestyle skier Laetaz Amihan Rabe will be the Philippines’ flag-bearer during the parade of athletes in the opening ceremony of the fourth Winter Youth Olympic Games on Friday evening that will be held simultaneously at the Gangneung Oval and PyeongChang Dome......»»

Category: sportsSource:  philstarRelated NewsJan 19th, 2024

14-year-old skier Laetaz Rabe carries PH flag for 2024 Winter Youth Olympics

Laetaz Amihan Rabe, a 14-year-old Filipina skier based in Switzerland, earns flag-bearing honors for the three-member Philippine delegation in the upcoming Winter Youth Olympics in Gangwon, South Korea.....»»

Category: newsSource:  rapplerRelated NewsJan 18th, 2024

Bad trip! Even these international stars were victims of notorious Metro Manila traffic 

As Coldplay's Chris Martin said: 'The traffic here in Manila is completely insane'.....»»

Category: newsSource:  rapplerRelated NewsJan 22nd, 2024

No classes in Cebu province due to extreme heat

CEBU CITY, Philippines — All classes in Cebu province are suspended beginning Friday, April 5 until further notice as the summer heat became risky for teachers and students to go out. Governor Gwendolyn Garcia on Friday issued a memorandum, directing local governments under the province’s jurisdiction to cancel all classes until further notice. READ MORE:.....»»

Category: newsSource:  inquirerRelated NewsApr 5th, 2024

Cebu Daily Newscast: No classes in Cebu province due to extreme heat

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Friday, April 5.   No classes in Cebu province due to extreme heat All classes in Cebu province are suspended beginning Friday, April 5, until further notice as the summer heat became risky for.....»»

Category: newsSource:  inquirerRelated NewsApr 5th, 2024

North Cotabato authorities vow to end risky ‘waswas’ drag race

COTABATO CITY (MindaNews / 28 February) – Following the horrific illegal drag racing accident at a national highway that killed the rider and an innocent passerby, the provincial government of North Cotabato vowed to end the dangerous motorcycle race, locally called “waswas” and often involving the youth. Former Board Member Shirlyn “Neneng”  Macasarte, who represented the […].....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 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