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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

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

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

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

Fitch sees Philippine economy growing by 6.4% in 2024

“We expect output growth to accelerate to 6.4 percent in 2024, reflecting base effects from a weaker 2023 and our assessment that policy rates have peaked. Consumer confidence has been weakening, but business confidence has recovered strongly.”.....»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Weak exports still biggest hurdle to Philippines expansion

The Philippine export sector remains the biggest drag to economic expansion as it takes a hit from the slowdown in major trading partners, according to a unit of Fitch Solutions......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Tourist arrivals seen to breach pre-COVID-19 levels

The country’s tourism sector is expected to sustain its recovery this year, with international arrivals hitting 8.21 million, effectively closing in to pre-COVID levels, according to a unit of Fitch Solutions......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

FPRRD senatoriable rating slides

FORMER president Rodrigo Duterte slips down from the top spot of the leading candidate for the 2025 Senatorial Elections in a PUBLiCUS Asia survey......»»

Category: newsSource:  sunstarRelated NewsApr 18th, 2024

DepEd, DOH, DSWD top performing agencies – survey

The Department of Education received the highest satisfaction rating and remained the most trusted among government agencies included in a survey conducted by the OCTA Research group......»»

Category: newsSource:  philstarRelated NewsApr 17th, 2024

Dingdong abangers na kina Vice, Anne, Gabby at JenDen sa ‘Family Feud’

IN FAIRNESS, nananatili pa rin ang “Family Feud” hosted by Dingdong Dantes bilang isa sa mga top-rating show ng GMA 7. Wala pa ring makapagpatumba sa naturang programa na ilang taon na ngayong namamayagpag sa ere kaya naman feeling thankful and grateful si Dingdong sa lahat ng Kapuso viewers. Ang maganda pa sa “Family Feud”,.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

FACT CHECK | PDP Laban shows incomplete data of Publicus survey favorable to Sara Duterte

MindaNews fact-checked a Facebook post of political party Partido Demokratiko Pilipino – Lakas ng Bayan (PDP Laban) that Vice President Sara Duterte gained the highest approval rating among national government officials in the 2023 fourth quarter survey of Publicus Asia, Inc. The post is misleading as it did not indicate that while she had the […].....»»

Category: newsSource:  mindanewsRelated NewsMar 11th, 2024

President Marcos gets ‘good’ satisfaction rating, Vice President Sara ‘very good’

Satisfaction with President Marcos decreased over the past year, but remained “good” at the end of 2023, a survey conducted by Social Weather Stations found. .....»»

Category: newsSource:  philstarRelated NewsFeb 10th, 2024