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Indian banking sector continues to improve with better asset quality, high credit growth: Survey
New Delhi [India], March 21 (ANI): The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed. The eighteenth round of the survey was carried out for the period July to December 2023. Those banks that were surveyed together represent about 77 per cent of the banking i.....»»
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.....»»
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.....»»
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......»»
Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023
The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»
Americans dismayed by Biden-Trump 2024 rematch, Reuters/Ipsos poll finds
A survey finds 67% of Americans are 'tired of seeing the same candidates in presidential elections and want someone new.' But only 18% said they would not vote if Biden and Trump were their choice......»»
RCBC the best PH bank by network uptime, and UBP ranks at the bottom
Brankas, a Singapore-based fintech software and services provider, published its first annual ASEAN Bank Stability Report to measure the network uptime performance of ASEAN-region banks, and RCBC finished in the top spot among banks in the Philippines with an uptime of 98.3% (31 hours total downtime) including a stretch of seven months with zero downtime events......»»
Pulse Asia stands by survey results
Pulse Asia’s president stood by the public opinion polling firm’s latest survey, which showed that 88 percent of Filipinos are against changing the country’s Constitution, after members of the House of Representatives cast doubt on the methods used to obtain answers for the survey......»»
Most Filipinos reject Charter change, lifting foreign ownership restrictions
An overwhelming majority of Filipinos oppose changing the 1987 Constitution at this time, according to a new Pulse Asia Survey, with results showing Filipinos in all regions and all socio-economic classes did not support the lifting of foreign ownership restrictions in key industries......»»
BPI renews alliance with Mizuho Bank
The Bank of the Philippine Islands has renewed its alliance with Japan’s Mizuho Bank Ltd., expanding and strengthening the scope of business cooperation between the two banks......»»
PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says
The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»
Security Bank automates wealth management business
Security Bank Corp. has signed a five-year contract to automate its wealth management processes in line with efforts to become one of the most technologically advanced banks in the Philippines......»»
DSWD’s 4Ps gets 60% satisfaction rating in Pulse Asia Survey
The Department of Social Welfare and Development (DSWD) on Tuesday (January 23) welcomed the result of the Ulat ng Bayan survey indicating that 62 percent of the 1,200 respondents were satisfied with the implementation of the Pantawid Pamilyang Pilipino Program (4Ps). The survey, which was conducted from Dec. 3 to 7, 2023 by Pulse Asia […].....»»
Sayonara and Kon’nichiwa
“Most challenging, most wonderful, most exciting, most valuable, and most meaningful,” was how former Toyota Motor Philippines president Atsuhiro Okamoto described his four-year stint in the Philippines as he gave his farewell speech last Tuesday, Feb. 20, at the Grand Hyatt Hotel during the formal turnover of the TMP presidency to his successor, Masando Hashimoto......»»
BSP onboards 1st nonbank electronic money issuer
The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»
Jon Lucas niregaluhan ni misis ng brand new car na nagkakahalaga ng P2-M
ANG bongga naman ng wifey ng Kapusop actor na si Jon Lucas! Talagang kinarir nito ang nakakalokang pa-surprise niya para sa kanyang asawa. E, kasi nga guys, niregaluhan lang naman ang dating Hashtag member ng asawa niyang si Shy Feras ng brand new car na nagkakahalaga ng tumataginting na P2 million. Baka Bet Mo: Jon.....»»
‘Take care of your heart’: Stars on fellow celebrities’ breakups
Just a few days shy of Valentine’s Day, sad news of celebrity couples breaking up hadn’t ended yet......»»
SC finds PAO chief Acosta guilty of indirect contempt, orders her to pay fine
Aside from Acosta, the SC also finds PAO forensics unit director Erwin Erfe guilty of indirect contempt for accusing the SC of judicial tyranny.....»»
PBBM dinidiktahan ng partido, first lady – survey
Sa survey ng PUBLiCUS Asia Inc., umaabot sa 20% hanggang 25% ng mga respondent ang naniniwalang dinidiktahan ng kanyang partido at ni First Lady Liza Araneta-Marcos ang desisyon ni Pangulong Bongbong Marcos. The post PBBM dinidiktahan ng partido, first lady – survey first appeared on Abante......»»
Pulse Asia survey sa Cha-cha pinalagan ng mga congressman
Kinondena ng mga kongresista ang survey ng Pulse Asia kaugnay ng panukalang amyendahan ang Konstitusyon dahil sa mga tanong umano na ang direksyon ay upang tutulan ng publiko ang panukalang reporma. The post Pulse Asia survey sa Cha-cha pinalagan ng mga congressman first appeared on Abante......»»