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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

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 […].....»»

Category: newsSource:  metrocebuRelated NewsApr 2nd, 2024

UnionDigital Bank revenue grows to over P5 billion

UnionDigital Bank, the digital banking arm of Aboitiz-led Union Bank of the Philippines, saw its revenue grow to over P5 billion in 2023 mainly driven by higher deposits and loans......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Carcar rape: Bank employee claims 17-year-old girl flirted with him

CEBU CITY, Philippines – The two bank employees, who were accused of raping a 17-year-old girl in Carcar City, Cebu on Friday, had refuted the victim’s allegations against them. Bank account officer Chandie Canadalla alleged that the girl asked him to accompany her to the bathroom and went along with his flirting. From the bathroom,.....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 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

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......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

JBIC’s environmental compliance arm to investigate bank’s LNG activity in Verde Island Passage

The Examiner for Environmental Guidelines of the Japan Bank for International Cooperation (JBIC) is set to commence an investigation for potential violations by the bank in relation to its support to the Atlantic Gulf & Pacific Company (AG&P), which built a liquefied natural gas import terminal in the biodiversity hotspot known as the Verde Island […].....»»

Category: newsSource:  journalRelated NewsFeb 4th, 2024

J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc

Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»

Category: newsSource:  philippinetimesRelated NewsJan 21st, 2024

J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc

Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»

Category: newsSource:  manilanewsRelated NewsJan 20th, 2024

1 dead, 2 hurt in street mishaps

Meanwhile, a motorcycle rider died after he crashed into a dump truck in Barangay Kaligayahan at past midnight yesterday......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

3 dead, 26 hurt in Bataan multi-vehicle crash

Three people died and 26 others were injured when a passenger bus crashed into five vehicles in Dinalupihan, Bataan on Wednesday night......»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024

Young woman found dead in Pinamungajan, Cebu

CEBU CITY, Philippines – Police continue to investigate the death of a young woman whose body was found dumped in a creek in Pinamungajan town in southern Cebu on Monday, January 15. Authorities in the area received a dead person alarm at 1:20 p.m. on Monday. A concerned citizen reported discovering a dead body of.....»»

Category: newsSource:  inquirerRelated NewsJan 15th, 2024

1 hurt in a fire that razed a house

1 hurt in a fire that razed a house.....»»

Category: newsSource:  sunstarRelated NewsMay 5th, 2024

18 hurt after v-hire overturns in CCLEX

18 hurt after v-hire overturns in CCLEX.....»»

Category: sportsSource:  abscbnRelated NewsMay 4th, 2024

Soldiers hurt in clash with BIFF receive medals from Marcos

President Ferdinand Romualdez Marcos Jr. personally awarded the seven soldiers hurt in a deadly clash with local terrorists in Datu Saudi Ampatuan, Maguindanao del Sur last week......»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

Woman dies, driver hurt in TCH motorcycle accident

Woman dies, driver hurt in TCH motorcycle accident.....»»

Category: newsSource:  sunstarRelated NewsApr 27th, 2024

Why would a loving God ask His beloved children to risk being hurt for the sake of loving others like Jesus did?

Why would a loving God ask His beloved children to risk being hurt for the sake of loving others like Jesus did?.....»»

Category: newsSource:  philstarRelated NewsApr 19th, 2024

2 Polish nationals among 3 hurt in Dalaguete road accident

2 Polish nationals among 3 hurt in Dalaguete road accident.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024

8 inmates hurt in Manila City Jail brawl

Eight male inmates of the Manila City Jail were hurt after a brawl erupted yesterday afternoon......»»

Category: newsSource:  philstarRelated NewsApr 13th, 2024