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Agriculture loans surge to P3.2 trillion
Loans extended by banks to the agriculture sector significantly rose to P3.2 trillion as of June 2023 from the P848 million agri-agra credit allocated in the same period in 2022, the Bangko Sentral ng Pilipinas said......»»
SEC revokes license of lending firm
The Securities and Exchange Commission has revoked the certificate of authority of Wealth and Personal Development Lending Inc. to operate as a lending company......»»
ACT-Agri Kaagapay pinamalas noong Mahal na Araw
Muling ipinamalas ng ACT-Agri-Kaagapay Organization sa pamumuno ni Ms. Virginia Ledesma Rodriguez ang malasakit at pagkalinga sa kapwa makaraang mamigay ng pagkain at mineral water nitong Semana Santa sa libu-libong Pilipino. The post ACT-Agri Kaagapay pinamalas noong Mahal na Araw first appeared on Abante......»»
Minister MacAulay promotes Canada s world-class products in Malaysia and the Philippines
The Government of Canada is deepening ties in the Indo-Pacific region - a key market for Canadian farmers, fishers, and the agri-food sector. February 23, 2024 - Ottawa, Ontario - Agriculture and Agri-Food Canada This week, the Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food, visited Malaysia and the Philippines to strengthen regional partnerships and create ne.....»»
Minister MacAulay promotes Canada s world-class products in Malaysia and the Philippines
The Government of Canada is deepening ties in the Indo-Pacific region - a key market for Canadian farmers, fishers, and the agri-food sector. February 23, 2024 - Ottawa, Ontario - Agriculture and Agri-Food Canada This week, the Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food, visited Malaysia and the Philippines to strengthen regional partnerships and create ne.....»»
Banks to ramp up lending to agriculture sector
Banks are looking to increase lending to the agriculture sector this year amid better economic conditions, higher demand for agricultural loans and consolidation of government programs that would boost banks’ agricultural loan portfolio......»»
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.....»»
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.....»»
China must comply with treaty on protected areas – expert
China will be under a “very clear obligation” to comply with measures that apply in marine protected areas in the South China Sea as signatory of the landmark United Nations High Seas Treaty, according to a Japanese international law expert......»»
Comply with sanitation requirements, CHO reminds establishment owners
Comply with sanitation requirements, CHO reminds establishment owners.....»»
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.....»»
Remittances soar to P33.5 billion in 2023 – BSP
MANILA, Philippines — Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso. This increase in the value of remittances helped households cope with high inflation. According to the Bangko Sentral ng Pilipinas (BSP), cash remittances through banks totaled $33.5 billion, marking a.....»»
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......»»
GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed
Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»
GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed
Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»
SEC revokes Copperstone Lending’s certificate of incorporation, authority to operate as lending company
SEC revokes Copperstone Lending’s certificate of incorporation, authority to operate as lending company.....»»
Money lending firm collector killed in Zamboanga del Sur ambush
Gunmen killed a collector of a local money lending firm in a daytime ambush in Barangay Lutlutan in Dimataling town, Zamboanga del Sur on Wednesday......»»
SEC scores another victory vs erring lending firms
The Securities and Exchange Commission has scored another major victory against erring lending companies......»»
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......»»
MPBA Season 2 completes north and south conferences’ semifinal contenders
CEBU CITY, Philippines — The KMNH Lending-Luigi Bercede completed the southern conference’s final four of the ongoing Mandaue’s Pride Basketball Association (MPBA) Season 2: Cebuano Cup’s south division after grabbing a crucial win on Sunday evening against the Quadernos, 83-71. The victory earned the KMNH Lending-Luigi Bercede the last remaining semifinal slot in the MPBA.....»»