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High rates dampen credit growth in 2023

he expansion of credit in the country slowed last year as the still elevated cost of borrowing dampened demand, the Bangko Sentral ng Pilipinas said......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Bank credit growth slows anew in November

The expansion of credit in the country slowed anew in November 2023 due to still elevated interest rates, the Bangko Sentral ng Pilipinas said......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Lending startup unveils credit card for Gen Zs

Technology startup firm Zed Philippines Inc. has launched a Mastercard Titanium credit card with zero interest, zero foreign transaction fees and no annual charges, aiming to roll out these cards to the market within the coming months......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

BSP to review 3 percent rate cap on credit card transactions

The Bangko Sentral ng Pilipinas will review this month whether to keep or hike the three percent interest rate cap on credit card transactions......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

BPI lends fresh P7 billion to Home Credit Philippines

Bank of the Philippine Islands has extended an additional P7 billion loan to Home Credit Philippines, making it the financing firm’s biggest lender......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Struggling with credit card debt: Renters and low-income individuals fall behind – The Daily Guardian

Title: Financial Challenges Persist for Certain U.S. Population Despite Strong Economy Subtitle: Rising inflation, credit card debt, and student loan burdens threaten the financial well-being.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

Japan credit rater bullish on Philippine growth this year

The Philippine economy is likely to grow by six percent this year, mainly driven by robust private consumption amid easing prices and stable remittances, Japan Credit Rating Agency Ltd. said......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Wise takes no credit

PBA legend Francois Wise claims no credit in how his godson Bennie Boatwright Jr. has become an outstanding basketball player although it’s often mentioned he was responsible for teaching the San Miguel Beer import his rebounding techniques......»»

Category: sportsSource:  philstarRelated NewsJan 25th, 2024

D& L bonds maintain top credit rating

D&L Industries Inc., the country’s leading specialty food ingredients and oleochemicals producer, has maintained the highest credit rating for its outstanding bonds......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

EastWest ramping up credit business

Gotianun-led East West Banking Corp. is strengthening its credit business for possible upticks in loan demand later this year, its top officia.....»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

Asialink secures P300 million credit line from Taiwanese bank

Asialink Finance Corp. has secured a P300-million credit line facility from Taiwan’s Cathay United Bank, shoring up resources that small borrowers can tap into for their expansion plans......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

RCBC credit cards now made from recycled PVC

Yuchengco-led Rizal Commercial Banking Corp. has phased out single-use plastics and shifted to recycled polyvinyl chloride plastic in producing its credit cards as part of its efforts to lessen carbon emissions and promote sustainability......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Chinese New Year Colors Explained for Filipinos

Every Chinese New Year, Filipinos see splashes of red and yellow everywhere in the form of lanterns and envelopes full of cash. While Chinese culture is all about luck, what Filipinos should know is that good luck is not actually found in the lanterns or envelopes themselves. Rather, the luck is in the colors. Just.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

Market Reels: How Stock Market Investing Aligns with Online Gaming Strategies

In the unpredictable world of finance, investors often find themselves navigating through an array of strategies and tactics to maximize their returns. Surprisingly, the stock market and online slot games share some intriguing parallels. While one is associated with the thrill of risk and the other with calculated investments, the similarities between the two might […] The post Market Reels: How Stock Market Investing Aligns with Online Gaming Strategies appeared first on Kagay An......»»

Category: newsSource:  kagay_anRelated NewsJan 12th, 2024

12,246 law graduate sasabak sa 2024 online Bar exam

MAY kabuuang 12,246 na law graduate sa bansa ang nagparehistro para sa 2024 online Bar examination na pangangasiwaan ng Supreme Court (SC) sa Setyembre. The post 12,246 law graduate sasabak sa 2024 online Bar exam first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 8th, 2024

Mga influencer, online seller yari sa BIR

Muling nagpaalala ang Bureau of Internal Revenue sa mga social media influencer at online seller na magbayad ng buwis upang hindi makasuhan ng gobyerno. The post Mga influencer, online seller yari sa BIR first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 7th, 2024

BIR bumigay sa mga online seller

Nagbigay ng karagdagang palugit ang Bureau of Internal Revenue (BIR) sa mga online seller para makapagbayad ng buwis sa gobyerno. The post BIR bumigay sa mga online seller first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 17th, 2024

Gcash pinag-iingat publiko vs mga iligal na online gaming platform

Pinag-iingat ng mobile e-wallet na GCash ang publiko laban sa mga hindi beripikadong SMS at marketing messages mula sa mga unlicensed online gaming platforms na ilegal na ginagamit ang kanilang logo at brand. The post Gcash pinag-iingat publiko vs mga iligal na online gaming platform first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 16th, 2024

Online predators may be using these emojis to befriend your children

Children's rights NGO Bahay Tuluyan says hundreds of thousands of online predators use emojis to groom children online.....»»

Category: newsSource:  rapplerRelated NewsJan 26th, 2024