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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: manilanews manilanewsMar 21st, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Metrobank earns record P42.2 billion in 2023

Metropolitan Bank & Trust Co. posted record-high earnings of P42.2 billion in 2023, driven by asset expansion, higher margins, improving efficiency levels and better asset quality......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

DOLE eyes better relations with private sector to increase quality jobs

DOLE eyes better relations with private sector to increase quality jobs.....»»

Category: newsSource:  sunstarRelated NewsApr 14th, 2024

Fewer Pinoys see better quality of life – SWS poll

Despite a having a positive outlook for 2024, a smaller percentage of Filipinos expect to have a better quality of life this year, a survey conducted by Social Weather Stations showed......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

More Pinoys hopeful for better economy, quality of life

Although still less than a majority, optimism for a better economy and personal quality of life have both increased at the end of 2023, according to a survey conducted by the OCTA Research group......»»

Category: newsSource:  philstarRelated NewsJan 29th, 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

Jaishankar begins Singapore visit with homage to Netaji Subhash Chandra Bose, brave INA soldiers

Singapore, March 23 (ANI): External Affairs Minister S Jaishankar kicked off his Singapore visit on Saturday by paying homage to Subhash Chandra Bose and the brave Indian National Army soldiers. The INA Marker in Singapore, which Jaishankar visited recognizes the deep patriotism of the Indian National Army soldiers. In a post on X, Jaishankar wrote, "Began my Singapore visit by paying homage to Netaji and the brave Indian.....»»

Category: newsSource:  inquirerRelated NewsMar 25th, 2024

Jaishankar begins Singapore visit with homage to Netaji Subhash Chandra Bose, brave INA soldiers

Singapore, March 23 (ANI): External Affairs Minister S Jaishankar kicked off his Singapore visit on Saturday by paying homage to Subhash Chandra Bose and the brave Indian National Army soldiers. The INA Marker in Singapore, which Jaishankar visited recognizes the deep patriotism of the Indian National Army soldiers. In a post on X, Jaishankar wrote, "Began my Singapore visit by paying homage to Netaji and the brave Indian.....»»

Category: newsSource:  manilanewsRelated NewsMar 23rd, 2024

Pioneering innovation in digital banking

Oradian, a core banking software provider for emerging markets, based in Makati, recently hosted an event that has set the financial sector buzzing with discussions on innovation and agility in digital banking......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

EAM Jaishankar visits Indian Coast Guard Ship Samudra Paheredar in Manila

Manila [Philippines], March 27 (ANI): External Affairs Minister S Jaishankar visited Indian Coast Guard Ship Samudra Paheredar on Tuesday during its port call to Manila and said that India's Act East policy and Indo-Pacific vision will continue to give it a more contemporary form. He presented his remarks at the Indian Coast Guard Ship Samudra Paheredar on Tuesday and said that his visit and the ship's presence signify th.....»»

Category: newsSource:  manilanewsRelated NewsMar 27th, 2024

Understanding the Demands of Indian Farmers in Crop Prices: The Daily Guardia

Title: Indian Farmers March Towards Capital Demanding for Guaranteed Crop Prices In a powerful display of unity, tens of thousands of Indian farmers have embarked.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 13th, 2024

3 cities in PH have cleanest air in Southeast Asia

MANILA, Philippines — Three cities in the Philippines ranked among the cleanest in terms of air pollution levels in Southeast Asia, according to a 2023 international report on air quality. The Swiss air-monitoring company IQAir’s 2023 World Air Quality Report provides a global review of air quality, citing PM2.5 air quality data from 7,812 cities.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024

Double-digit growth in bank lending seen this year

The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

CitySavings Named One of the 2024 Philippines’ Growth Champions

City Savings Bank (CitySavings) continues to cement its position to become the leading mass market bank in the country with its inclusion as one of the 2024 Philippines’ Growth Champions.  The Philippine Daily Inquirer released the report with international market research firm Statista. This year’s Philippines’ Growth Champions are companies with remarkable growth and resilience […].....»»

Category: newsSource:  metrocebuRelated NewsMar 8th, 2024

ED attaches asset worth Rs 70 lakh in bank fraud implicating Hyderabad-based Jasleen Enterprises

New Delhi [India], March 28 (ANI): The Directorate of Enforcement (ED) has attached an immovable property valued at Rs 70 lakh in a bank fraud case involving Jasleen Enterprises headquartered in Hyderabad. The Hyderabad division of the ED attached the fixed asset in accordance with the stipulations outlined in the Prevention of Money Laundering Act (PMLA) of 2002. ED initiated investigation on the basis of First Informati.....»»

Category: newsSource:  manilanewsRelated NewsMar 28th, 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

Loans to agriculture sector ‘quadrupled’ in 2023

The banking sector’s loan disbursements to the agriculture sector quadrupled last year after the government widened the number of projects considered as compliant with the 25 percent requirement, a member of the central bank’s Monetary Board said......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

DoubleDragon bolstering asset portfolio

DoubleDragon Corp., the property developer chaired by Edgar “Injap” Sia II and Tony Tan Caktiong, is bolstering its asset portfolio this year as the company looks to sustain its momentum after profit grew by nearly a quarter last year......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

From free InstaPay transfers to personalized banking: New Metrobank App is making online banking easier

The Metrobank App brings convenient banking at your fingertips by making transactions simple with just a few taps, ensuring that your money is safe with enhanced security, and anticipating your needs with smart features......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

From free InstaPay transfers to personalized banking: New Metrobank App is making online banking easier

The Metrobank App brings convenient banking at your fingertips by making transactions simple with just a few taps, ensuring that your money is safe with enhanced security, and anticipating your needs with smart features......»»

Category: financeSource:  philstarRelated NewsJan 11th, 2024