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BSP cuts other banks& rsquo; reserve requirements

BSP cuts other banks& rsquo; reserve requirements.....»»

Category: financeSource:  thestandardRelated NewsMay 29th, 2019

Banks post bigger returns, capital buffers but slower asset, loan growth

THE COUNTRY’s biggest banks saw their profitability and capacity to absorb risky assets improve in the first quarter, even as asset and loan growth eased......»»

Category: financeSource:  bworldonlineRelated NewsMay 26th, 2019

BSP trims banks& rsquo; reserve requirement ratio to 16%

BSP trims banks& rsquo; reserve requirement ratio to 16%.....»»

Category: financeSource:  thestandardRelated NewsMay 16th, 2019

Banks’ real estate loans rise to P2.14 T

The real estate exposure of big and mid-sized banks remained manageable, rising by nearly seven percent to P2.14 trillion as of end-September last year, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2019

Primex prepays loan obligations

MANILA, Philippines - Listed property developer Primex Corp. said it had prepaid all its bank obligations with two banks as of Jan. 3 this year......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2017

Star Cruises chooses Manila as home port

Hong Kong-based Star Cruises said Friday it has designated Manila as the first  home port for cruise ship Superstar Virgo as part of a plan to increase the group’s exposure in the growing Philippine cruise tourism market......»»

Category: financeSource:  thestandardRelated NewsJan 13th, 2017

Piggy bank project

Minxie Romualdez, daughter of Philippine Constitution Association president Martin Romualdez and Leyte first district Rep. Yedda Marie Romualdez, holds a piggy bank while sitting on hundreds more. It’s part of her recently launched Christmas Piggy Bank Project, which aims to distribute more than 500 piggy banks—filled with donations from Minxie’s friends—to poor families nationwide to make their Christmas this year ‘a lot more special.’ Ver Noveno.....»»

Category: newsSource:  thestandardRelated NewsJan 11th, 2017

Banks still fail to comply with agri-agra loan rules

MANILA, Philippines – Philippine banks continued to fall short of the mandated threshold for agriculture and agrarian reform loans in the first nine months o.....»»

Category: financeSource:  philstarRelated NewsJan 3rd, 2017

BDO unit named one of world’s best banks

BDO unit named one of world’s best banks.....»»

Category: financeSource:  thestandardRelated NewsDec 29th, 2016

One of SEA's leading banks teams up with Powerman for two duathlon events

Maybank, South East Asia’s fourth largest bank, and Powerman Philippines, the Philippine affiliate of the International Powerman Association (IPA), are hosting two duathlon race events in the Philippines this year. The first race, which .....»»

Category: sportsSource:  abscbnRelated NewsNov 24th, 2016

Banks’ real estate exposure up 4.7% in Q3

MANILA, Philippines – The real estate loans extended by big banks rose 4.7 percent in the third quarter of the year amid the steady rise in housing prices du.....»»

Category: financeSource:  philstarRelated NewsNov 16th, 2016

Finance: Banks' real estate exposure rises as credit demand remains strong

BANKS LENT OUT more funds to the volatile real estate sector by a fifth during the third quarter, marked by increases for both consumers and property developers, preliminary central bank data showed......»»

Category: financeSource:  bworldonlineRelated NewsNov 15th, 2016

Front Page: Banks generally strong but risks emerge

BANKS in the Philippines remained generally robust, thanks in part to a supportive economy, but rising exposure to property loans, large firms and small- and medium-scale enterprises (SME) as well as possible "significant" shifts in policies under the cur.....»»

Category: financeSource:  bworldonlineRelated NewsOct 31st, 2016

PH banks have stable outlook—Moody’s

PH banks have stable outlook—Moody’s.....»»

Category: financeSource:  thestandardRelated NewsOct 31st, 2016

Banks generally strong but risks emerge

BANKS in the Philippines remained generally robust, thanks in part to a supportive economy, but rising exposure to property loans, large firms and small- and medium-scale enterprises (SME) as well as possible “significant” shifts in policies u.....»»

Category: newsSource:  bworldonlineRelated NewsOct 31st, 2016

Banks tighten loan standards for real estate, housing

MANILA, Philippines – Banks continued to tighten lending standards for commercial real estate and housing loans in the third quarter amid the sharp rise in p.....»»

Category: financeSource:  philstarRelated NewsOct 23rd, 2016

Finance: Loanpinas seeks to expand pool of SME lenders

A LOCAL foundation for entrepreneurship wants to triple its lending database for its online loan portal for small and medium enterprises (SMEs) by 2017 to heighten competition among banks and financial institutions......»»

Category: financeSource:  bworldonlineRelated NewsOct 23rd, 2016

Banks tighten lending standards anew in Q3

MANILA, Philippines - Banks continued to tighten credit standards for loans to enterprises and households through stricter collaterals requirements and loan.....»»

Category: financeSource:  philstarRelated NewsOct 22nd, 2016

Banks push Agri-Agra Law revisions

MANILA, Philippines – Banks are pushing for amendments to an outdated law mandating financial institutions to allocate a fourth of their loan portfolio for a.....»»

Category: financeSource:  philstarRelated NewsSep 20th, 2016

Banks step up lending in July

MANILA, Philippines – Banks’ loan portfolio grew 17.7 percent to P5.41 trillion in July as the country’s economic growth accelerated in the second quarter on.....»»

Category: financeSource:  philstarRelated NewsAug 31st, 2016