Bank lending picks up pace in January
Despite elevated interest rates, bank lending growth climbed to an eight-month high of 7.8 percent in January, amid the continued recovery of the economy......»»
DTI NegOcc warns public of unregistered lending firm
DTI NegOcc warns public of unregistered lending firm.....»»
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......»»
BPI sells shares in GoTyme Bank
The Bank of the Philippine Islands sold its 752 million common shares of GoTyme Bank Corp. to GoTyme Financial Pte. Ltd. and Giga Investment Holdings Pte. Ltd, the bank said yesterday......»»
45 crore Jan Dhan accounts have accumulated Rs 2.1 lakh crore: Anurag Thakur
New Delhi [India], February 17 (ANI): Union Minister Anurag Thakur on Friday inaugurated the 2024 Annual Government and Institutional Business Meet of the Federal Bank and asserted that under the Jan Dhan scheme around 45 crore bank accounts have been opened. Addressing an audience of the officials and employees of the bank, the Minister at the very outset, congratulated Federal Bank for an all-time high share price. Reca.....»»
45 crore Jan Dhan accounts have accumulated Rs 2.1 lakh crore: Anurag Thakur
New Delhi [India], February 17 (ANI): Union Minister Anurag Thakur on Friday inaugurated the 2024 Annual Government and Institutional Business Meet of the Federal Bank and asserted that under the Jan Dhan scheme around 45 crore bank accounts have been opened. Addressing an audience of the officials and employees of the bank, the Minister at the very outset, congratulated Federal Bank for an all-time high share price. Reca.....»»
World Bank expects faster growth for Philippines this year
Economic growth in the Philippines is projected to be faster this year than in 2023, but the pace will be lower than the government’s target, the World Bank said in a report......»»
Sato-Alvarez sets pace in The View Invitational
Sato-Alvarez sets pace in The View Invitational.....»»
Remittances grow at slowest pace in eight months
Dollars sent home by overseas Filipino workers climbed by 2.6 percent to a two-month high in March, although it was the slowest growth pace in eight months, according to the Bangko Sentral ng Pilipinas......»»
Producer prices decline at slower pace in March
Factory gate prices contracted at a slower pace in March from the previous month due mainly to the slower decline in the prices of petroleum products, according to the Philippine Statistics Authority ......»»
Factory activity expands at fastest pace in 5 months
The country’s manufacturing sector in April expanded at the fastest pace in five months, supported by strong demand......»»
NCR economy grows at slower pace in 2023
Metro Manila’s economy grew at a slower pace of 4.9 percent in 2023 from 7.2 percent in 2022, according to the Philippine Statistics Authority......»»
Gaza war: Fierce fighting between Israel, Hamas continues as efforts for truce gains pace
International efforts towards a new pause in the devastating Gaza war gathered pace Wednesday, as Israel bombarded the Palestinian territory during fierce fighting with Hamas militants. Hamas was reviewing a proposal for a six-week truce in its war with Israel, a source told AFP, after mediators gathered in Paris. While talks take place, the population.....»»
Philippines to grow at faster pace this year – PIDS
Despite global economic challenges, the Philippine economy is expected to expand at a faster pace this year than in 2023, according to state think tank Philippine Institute for Development Studies......»»
Pace prexy cries black propa against him
Pace prexy cries black propa against him.....»»
Economy to expand at faster pace in 2024
The Philippine economy is expected to grow at a faster pace this year than in 2023 despite headwinds, but the growth will be below the government’s target, according to First Metro Investment Corp.......»»
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.....»»
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.....»»
Security Bank expects higher profit in 2024
Security Bank Corp. is expecting better profitability this year amid a double-digit growth in its lending business, the bank’s investments in technology as well as its plans to put up more branches......»»
BPI eyes return to debt markets in 1st half
Bank of the Philippine Islands is looking to tap the local and foreign debt markets within the first half of the year to raise funds to refinance its maturing obligations and beef up its lending portfolio......»»
Double-digit growth in bank lending seen this year
The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»