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GSIS waives P1.6 billion penalties for housing loan borrowers

State-run pension fund Government Service Insurance System has waived P1.6 billion in penalties of housing borrowers having difficulties settling their loan obligations......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

PDIC extends loan incentive program for closed bank borrowers

PDIC extends loan incentive program for closed bank borrowers.....»»

Category: newsSource:  sunstarRelated NewsFeb 15th, 2024

Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey

New Delhi [India], March 21 (ANI): Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found. A nonperforming asset refers to loans or advances that are on the brink of default. According to the survey, a large majority (77 per cent) of the respon.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024

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.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

Banks see higher loan demand in Q2

Philippine banks are projecting a higher loan demand from both corporate and household borrowers in the second quarter amid a rosier economic outlook and more attractive financing terms from lenders......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Banks’ bad loans ratio highest in 8 months

The share of bad loans to the banking sector’s total loan book went up to an eight-month high in January, snapping two straight months of decline, as borrowers felt the pinch of elevated interest rates......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

The June 2024 priority dates

Each month, the Visa Office of the State Department publishes, in the Visa Bulletin, the priority dates for that particular month for the various family and employment-based categories......»»

Category: newsSource:  philstarRelated NewsMay 11th, 2024

Emily in Paris season 4 premiere dates unveiled

Washington [US], May 4 (ANI): Get ready to pack your virtual bags because 'Emily in Paris' fans are in for a treat with the revelation of the premiere dates for the highly anticipated season four of the Netflix hit series. Brace yourselves, because the city of love is beckoning you back sooner than anticipated, with part one of the season scheduled to debut on August 15, followed by part two on September 12. The news was.....»»

Category: newsSource:  manilanewsRelated NewsMay 5th, 2024

The May 2024 priority dates

Each month, the Visa Office of the State Department publishes, in the Visa Bulletin, the priority dates for that particular month for the various family and employment-based categories......»»

Category: newsSource:  philstarRelated NewsApr 13th, 2024

Moises: Engaged but without wedding plans, dates

Moises: Engaged but without wedding plans, dates.....»»

Category: newsSource:  sunstarRelated NewsMar 16th, 2024

The March 2024 priority dates

Each month, the Visa Office of the State Department publishes, in the Visa Bulletin, the priority dates for that particular month for the various family and employment-based categories......»»

Category: newsSource:  philstarRelated NewsFeb 18th, 2024

The February 2024 priority dates

Each month, the Visa Office of the State Department publishes, in the Visa Bulletin, the priority dates for that particular month for the various family and employment-based categories......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

ACT to PRC: Extend renewal of teachers’ license

The Alliance of Concerned Teachers is seeking a dialogue with the Professional Regulation Commission to extend the deadline for accepting Continuing Professional Development as many teachers would be unable to renew their professional IDs within the current timeframe......»»

Category: newsSource:  philstarRelated NewsJan 22nd, 2024

Global Dominion, RCBC Capital extend financing to the unbanked and underbanked

Both organizations aim to service the financial needs of people and organizations unable to tap the banks for their funding requirements and leave a positive impact on society through financing......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

Global Dominion, RCBC Capital extend financing to the unbanked and underbanked

Both organizations aim to service the financial needs of people and organizations unable to tap the banks for their funding requirements and leave a positive impact on society through financing......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

BSP may cut big banks’ RRR to 5 percent

The Bangko Sentral ng Pilipinas (BSP) is looking at a significant reduction in the level of deposits banks are required to keep with the central bank after it starts  cutting interest rates this year, its top official said......»»

Category: financeSource:  philstarRelated News2 hr. 21 min. ago

More banks keen on green financing – BSP

More banks in the Philippines have expressed interest to finance green and sustainable projects in the country amid the need to fund efforts that would mitigate impacts of climate change......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024

Fitch keeps credit rating of 5 Philippine banks

Fitch Ratings has affirmed the credit rating of five of the country’s biggest banks and kept its stable outlook, on the back of a likely robust economic growth over the next two years......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Banks’ bad loans rise in February

The soured loans of Philippine banks picked up for the 14th straight month in February, bringing the gross non-performing loan ratio to a steady 3.44 percent, amid high interest rates......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024