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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......»»
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......»»
Moody’s outlook: Philippine banks remain on stable footing
Moody’s Investors Service has maintained a stable outlook for Philippine banks as interest rate cuts from the Bangko Sentral ng Pilipinas this year are seen to support economic recovery......»»
Digital banks seen profitable in 5-7 years
Digital banks in the Philippines need five to seven years to become profitable, as only two out of six online lenders are doing well so far, according to the Bangko Sentral ng Pilipinas......»»
UBS sees 2-digit credit growth for Philippines banks
Banks operating in the Philippines are expected to post a double-digit credit growth this year on the back of robust economic expansion, according to banking giant UBS......»»
Philippines, German central banks partner on capacity-building
The central banks of the Philippines and Germany have formalized their partnership on capacity-building through the signing of a memorandum of understanding......»»
Banks’ bad loans swell in 2023
The soured loans of Philippine banks picked up to 3.23 percent in 2023 from the almost two-year low in 2022, according to the Bangko Sentral ng Pilipinas......»»
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......»»
‘Philippine banks to ride wave of robust economic growth’
The projected robust economic growth this year could shape up into a better year for Philippine banks, S&P Global Ratings said......»»
Banks expect higher consumer, corporate loan demand in Q1
Despite the higher for longer interest rate scenario, Philippine banks still expect a stronger loan demand from companies and households in the first quarter of the year, according to the Bangko Sentral ng Pilipinas......»»
BSP pursues reforms to modernize banks
The Bangko Sentral ng Pilipinas is pursuing policy reforms to modernize Philippine banks and ensure a sustainable, digital and inclusive banking future......»»
Government urged: Study PUV modernization program more amid consolidation extension
Government urged: Study PUV modernization program more amid consolidation extension.....»»
Gen Z more into buy now, pay later schemes – survey
The use of buy now, pay later (BNPL) services is on the rise in the Philippines, with the biggest increase observed among Gen Z consumers, according to a study from global information and insights company TransUnion......»»
4 Reasons Why Small Families Should Buy a Condo
Investing in a condo with a great location is a tempting offer, and this becomes more so with small families who are considering moving to the Meyer Blue condo. Here are four compelling reasons for small families and couples to move into one as soon as they can. The View An excellent view of the […] The post 4 Reasons Why Small Families Should Buy a Condo appeared first on Kagay An......»»
More Pinoys do buy now, pay later transactions
Nearly 50 percent of respondents in the Philippines are likely to adopt buy now, pay later services for future transactions, according to a survey from consumer research and data analytics company Milieu Insight......»»
Farm ni Cesar sa Zambales ‘for sale’ na, type mag-produce ng pelikula
MUKHANG hindi na type ni Cesar Montano ang manirahan sa probinsya dahil ibinebenta na niya ang kanyang farm sa Iba, Zambales. Ang nasabing farm ng aktor ay nabili niya noong nagsasama pa sila ng ex-wife na si Sunshine Cruz at bukod sa Zambales ay nakabili rin siya sa Bulacan at Bohol. Napag-alamam namin na ang.....»»
Residents complain health hazardous dust from solar farm in Silay
Residents complain health hazardous dust from solar farm in Silay.....»»
Solar Philippines, Indonesian partner secure $14 million loan for solar farm
Solar Philippines and its Indonesian partner have secured a $14-million bank loan for the development of a 25-megawatt solar farm in Kubu District, Karangasem Regency, East Bali......»»
Solar Philippines, Indonesian partner secure $14 million loan for solar farm
Solar Philippines and its Indonesian partner have secured a $14-million bank loan for the development of a 25-megawatt solar farm in Kubu District, Karangasem Regency, East Bali......»»
Cignal seeks to rebound, clashes with Farm Fresh
Cignal eyes to reclaim its lost bearing and its old spot in the magic four as it tangles with an unpredictable Farm Fresh Thursday in the Premier Volleyball League All-Filipino Conference at the PhilSports Arena......»»