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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......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023

The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

‘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......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

More groups to establish Islamic banks in Philippines

More groups are looking at establishing Islamic banks in the Philippines as the first branch of the new banking classification is expected to open soon, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

200 scholars get educational assistance from Province

200 scholars get educational assistance from Province.....»»

Category: newsSource:  sunstarRelated News8 hr. 11 min. ago

4th Impact confirms refunding donations of deleted GoFundMe page for 200 dogs

Girl group 4th Impact fully refunded all the donations sent in to a GoFundMe page they set up for their 200 pet dogs but deleted following heavy criticism from Internet users and animal rights activists......»»

Category: newsSource:  philstarRelated NewsApr 18th, 2024

Booms and sirens in Israel after Iran launches over 200 missiles and drones in unprecedented attack

Booms and sirens in Israel after Iran launches over 200 missiles and drones in unprecedented attack.....»»

Category: newsSource:  sunstarRelated NewsApr 14th, 2024

No.

Longtime pollster Pulse Asia wanted to find out what Filipinos think or feel about Charter change. It asked 1,200 respondents last March 6-10, 2024. The 1,200 were a cross-section of adult Filipinos......»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

No.

Longtime pollster Pulse Asia wanted to find out what Filipinos think or feel about Charter change. It asked 1,200 respondents last March 6-10, 2024. The 1,200 were a cross-section of adult Filipinos......»»

Category: CCCCCCSource:  philstarRelated NewsApr 8th, 2024

Villar patriarch places 190 in Forbes Top 200 billionaires

Villar ranked 190 out of the 200 billionaires in the world in 2024 with a total net worth of $11.7 billion (P660,125,700,000) coming from $8 billion (P451,376,000,000) in 2023, according to Forbes magazine......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

200 brgy workers, children affected by DavNor floods receive assistance

200 brgy workers, children affected by DavNor floods receive assistance.....»»

Category: newsSource:  sunstarRelated NewsMar 26th, 2024

DOTr needs P12.5 billion to build 200 ports

The Department of Transportation said it needs at least P12.5 billion to build 200 more ports under the Marcos administration, underscoring the need to improve connectivity in remote islands......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

200 ka blocks ni Wembanyama

200 ka blocks ni Wembanyama.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

Iloilo drug bust yields P367,200, multiple arrests

Iloilo drug bust yields P367,200, multiple arrests.....»»

Category: newsSource:  sunstarRelated NewsMar 7th, 2024

4th Impact binura na ang fundraising para sa ‘farm’ ng 200 aso

TULUYAN nang tinanggal ng P-pop girl group na 4th impact ang kanilang isinagawang donation drive sa GoFundMe para sa kanilang pag-aaring 200 na aso. Nitong Martes ng gabi, March 5 ay sinubukan naming bisitahin ang naturang post ng girl group sa naturang website ngunit nang tignan namin ay burado na ito. “Fundraiser not found. Please.....»»

Category: newsSource:  inquirerRelated NewsMar 6th, 2024

ACEN, Marubeni partner for 200-MW BESS project

Ayala-owned ACEN Australia has teamed up with Marubeni Asian Power Singapore for the joint development of a 200 megawatts battery energy storage system in New South Wales, Australia......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

4th Impact may pa-fundraising para sa 200 dogs, netizens uminit ang ulo

NAGLUNSAD ng donation drive ang Pinoy girl group na 4th Impact para sa ipapatayong “dreamland” ng kanilang 200 dogs. Noong February 23, nagkaroon ng “Go Fund Me” page ang grupo na ginawa ng nakatatandang kapatid na si Elvira. Ang goal nila sa fundraising ay makalikom ng $10,000 o mahigit kalahating milyong piso. Sa nasabing page,.....»»

Category: newsSource:  inquirerRelated NewsMar 3rd, 2024

Sweden ends 200 years of neutrality

Sweden ends 200 years of neutrality.....»»

Category: newsSource:  sunstarRelated NewsMar 2nd, 2024