Another auction set for closed banks’ assets
The Philippine Deposit Insurance Corp. will put up P48.9 million worth of residential and commercial lots owned by padlocked banks for sale......»»
Another auction set for closed banks’ assets
The Philippine Deposit Insurance Corp. will put up P48.9 million worth of residential and commercial lots owned by padlocked banks for sale......»»
PDIC sets auction of closed banks’ assets
The Philippine Deposit Insurance Corp. will put up for sale P92 million worth of 47 agricultural lots formerly owned by shuttered banks......»»
PDIC sets auction of closed banks’ lots
The Philippine Deposit Insurance Corp. will put up for sale P95.6 million worth of 86 residential and agricultural lots owned by padlocked banks......»»
PDIC to auction lots of padlocked banks
The Philippine Deposit Insurance Corp. will put up for sale P65.6 million worth of 30 residential and commercial lots owned by closed banks......»»
PDIC to auction closed banks’ farm lots
The Philippine Deposit Insurance Corp. will put up for sale P27.2 million worth of 19 agricultural lots owned by padlocked banks......»»
PDIC to auction lots of closed banks
The Philippine Deposit Insurance Corp. will put up for sale P123.8 million worth of 58 residential and commercial lots owned by padlocked banks......»»
PDIC launches e-bidding portal for asset disposal
Government-owned Philippine Deposit Insurance Corp. has shifted its mode of asset disposal for corporate and closed banks’ assets particularly real estate properties to an electronic platform......»»
Do we have anything to worry about with PH banks?
Our banks are generally less speculative in terms of their assets (generally loan-heavy), more conservative in terms of their business practices, and benefit from a much more diversified depositor base......»»
Goverment sells bank assets worth P1.5 billion
The Philippine Deposit Insurance Corp. earned some P1.5 billion from disposing assets of padlocked banks last year......»»
Banks’ assets quality resilient, says Fitch
Higher interest rates brought about by the aggressive hikes delivered by the Bangko Sentral ng Pilipinas are unlikely to significantly affect the asset quality of Philippine banks, according to Fitch Ratings......»»
Borrowers of closed banks get payment discounts
The Philippine Deposit Insurance Corp. (PDIC) will provide borrowers of shuttered banks discounts and waivers to settle their outstanding loans until the end of the year......»»
Bank assets grow to record P23.7 trillion
Philippine banks booked a double-digit growth in assets last year as the country’s economy continues to recover from the impact of the COVID-19 pandemic, data from the Bangko Sentral ng Pilipinas showed......»»
Universal, commercial banks growth supports PH financing needs
MANILA - Universal and commercial banks (U/KBs) in the Philippines sustained their growth and continued to support the country's financing requirements, according to the Bangko Sentral ng Pilipinas (BSP)."Key U/KB performance indicators showed a steady rise in assets, loans,.....»»
Diokno eyes firmer PH banking system asset quality
MANILA - Asset quality of the Philippine banking system is seen to strengthen further as market conditions improve, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said on Monday.In a virtual briefing, Diokno said total assets of the universal and commercial banks (U/KBs) rose by.....»»
BSP 28-day securities rate rises anew
MANILA - Expectations for more hikes in central banks' key policy rates again resulted in the hike in the Bangko Sentral ng Pilipinas' (BSP) 28-day securities.BSP data show that average rate of the debt paper increased to 2.6566 percent during the auction on Friday from 2.5351 percent last J.....»»
BSP 28-day securities rate rises anew
MANILA - Expectations for more hikes in central banks' key policy rates again resulted in the hike in the Bangko Sentral ng Pilipinas' (BSP) 28-day securities.BSP data show that average rate of the debt paper increased to 2.6566 percent during the auction on Friday from 2.5351 percent last J.....»»
Investor preference seen shifting to T-bills
Investors may flood the auction for short-dated securities this week and avoid the sale of long-term bonds as they look for safe haven assets in anticipation of an extended lockdown due to the rapid spread of the Delta variant......»»
Submit list of bad loans for FIST – BSP
The Bangko Sentral ng Pilipinas has ordered banks to submit a list of soured loans and assets to be disposed of at substantial discounts through a new law to ensure a sound and safe financial system as the country recovers from the impact of the COVID-19 pandemic......»»
Lower NPL ratio seen w/in 2 years
The sales or transfers of banks bad loans and assets shall be entitled to privileges for a period of not more than two years from the date of activity, Bangko Sentral Governor Benjamin Diokno said. The post Lower NPL ratio seen w/in 2 years appeared first on Daily Tribune......»»
DBP& rsquo;s total assets breach P1 trillion
State-run Development Bank of the Philippines, the sixth-largest lender in terms of assets, joined the elite ranks of trillion-peso banks in the country after posting total assets of P1.04-trillion as of end-2020, 37 percent higher than P761.24 billion recorded in 2019, its top executive said Thursday......»»