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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......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Indian banking sector continues to improve with better asset quality, high credit growth: Survey

New Delhi [India], March 21 (ANI): The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed. The eighteenth round of the survey was carried out for the period July to December 2023. Those banks that were surveyed together represent about 77 per cent of the banking i.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 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

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

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

Tax credit scam: 5 ex-DOF execs get 8 years

The Sandiganbayan has affirmed the conviction of five former officials of the Department of Finance for graft over the multibillion-peso tax credit scam in the 1990s......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2024

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

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

BPI sees stronger credit growth

Bank of the Philippine Islands expects a robust growth in credit this year amid the country’s economic expansion and the planned interest rate cuts by the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 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

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

Villar pushes extension, higher budget for RCEF

Sen. Cynthia Villar wants to double the annual guaranteed allocation for the rice competitiveness enhancement fund to P20 billion as she seeks to extend the fund by another six years or until 2030......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Davao Light pushes for paperless billing

The Davao Light and Power Co., Inc. (Davao Light) is advocating for paperless billing, citing its positive impact on the environment. Fermin Edillon, the head of the Reputation Enhancement Department at Davao Light, emphasized the company's large customer base and the significant paper consumption associated with traditional billing. He highlighted the environmental benefits of opting for paperless bills, urging Dabawenyos to consider this eco-friendly alternative. Despite the availability of paperless billing options, Edillon acknowledged that some still prefer traditional paper bills. However, Davao Light has enhanced its paperless bill services, offering options such as the MobileAP app for internet users and the Ebill text option for those without internet access. While promoting paperless billing, Edillon clarified that traditional paper bills will still be available. Residents expressed support for paperless billing, citing its convenience, but also emphasized the need for considerations, especially for those less proficient with technology. The push for paperless billing aligns with efforts to reduce environmental impact and enhance customer convenience......»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024

Rhen Escaño sinuwerte sa P50; ‘di feel magpa-breast enhancement

SHOWBIZ KONEKni Maricris Valdez Nicasio MAPANIWALA pala sa lucky charm si Rhen Escano. Paano naman talagang sinuwerte siya nang maglagay ng P50  sa likod ng kanyang cellphone. Ayon kay Rhen sinuwerte siya lalo sa kanyang career pagpasok ng 2024. Isa na rito ang pagiging ambassadress niya ng CC6 Online Casino. “Effective po pala maglagay ng P50 sa likod ng ….....»»

Category: filipinoSource:  hatawtabloidRelated NewsJan 23rd, 2024

Rhen Escaño hindi kering magpadagdag ng boobs: OK lang kahit flat

KAHIT ilang beses nang nabiktima ng body shamers sa social media, wala pa ring balak si Rhen Escaño na magparetoke. Palaging napapansin at naookray ang pagiging flat ng boobs ni Rhen pero sa kabila nito, hindi niya naiisip na sumailalim sa breast enhancement. Tandang-tanda pa namin ang “flat” comment ng isang basher sa dibdib ng.....»»

Category: newsSource:  inquirerRelated NewsJan 23rd, 2024

CARMMA condemns DepEd’s whitewashing of Marcos dictatorship in Matatag curriculum

CARMMA condemn in the strongest possible terms the Department of Education’s shameless scheme to whitewash and distort our history with its September 6, 2023 memo to change “Diktadurang Marcos” to “Diktadura” in the Grade 6 Araling Panlipunan curriculum of the newly-launched Matatag curriculum......»»

Category: newsSource:  samarnewsRelated NewsFeb 27th, 2024

Manhunt for killers of Naga student launched

CEBU CITY, Philippines – A manhunt operation was launched by police in Naga City, Cebu to arrest the suspects behind the killing of an 18-year-old student last Sunday, April 14, 2024. The victim was identified as Jasper Martinez Alegria, 18, a Grade 12 student and a resident of Barangay Pangdan of said city. Meanwhile, one.....»»

Category: newsSource:  inquirerRelated NewsApr 19th, 2024

South Cotabato urges public to patronize MSMEs, buy local products

KORONADAL CITY (MindaNews / 7 March) – The provincial government of South Cotabato has launched a convergence initiative to bring more growth and market opportunities for the province’s micro, small and medium enterprises (MSMEs). Tyronn Jan Villanueva, head of the South Cotabato Economic, Investment and Promotions Center (SCEIPC), said they have launched a series of […].....»»

Category: newsSource:  mindanewsRelated NewsMar 10th, 2024