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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

Producers Savings Bank acquires Leyte rural bank

Producers Savings Bank Corp. has completed its merger with one more rural bank, bolstering the bank’s assets and profit growth via its branch network expansion......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says

The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»

Category: newsSource:  metrocebuRelated NewsApr 2nd, 2024

UnionDigital Bank revenue grows to over P5 billion

UnionDigital Bank, the digital banking arm of Aboitiz-led Union Bank of the Philippines, saw its revenue grow to over P5 billion in 2023 mainly driven by higher deposits and loans......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Carcar rape: Bank employee claims 17-year-old girl flirted with him

CEBU CITY, Philippines – The two bank employees, who were accused of raping a 17-year-old girl in Carcar City, Cebu on Friday, had refuted the victim’s allegations against them. Bank account officer Chandie Canadalla alleged that the girl asked him to accompany her to the bathroom and went along with his flirting. From the bathroom,.....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

BPI renews alliance with Mizuho Bank

The Bank of the Philippine Islands has renewed its alliance with Japan’s Mizuho Bank Ltd., expanding and strengthening the scope of business cooperation between the two banks......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

JBIC’s environmental compliance arm to investigate bank’s LNG activity in Verde Island Passage

The Examiner for Environmental Guidelines of the Japan Bank for International Cooperation (JBIC) is set to commence an investigation for potential violations by the bank in relation to its support to the Atlantic Gulf & Pacific Company (AG&P), which built a liquefied natural gas import terminal in the biodiversity hotspot known as the Verde Island […].....»»

Category: newsSource:  journalRelated NewsFeb 4th, 2024

J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc

Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»

Category: newsSource:  philippinetimesRelated NewsJan 21st, 2024

J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc

Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»

Category: newsSource:  manilanewsRelated NewsJan 20th, 2024

House leaders: Senate ‘losing integrity’ over PDEA leaks probe

House leaders warned the Senate on Wednesday that it is “losing its integrity” by continuing to investigate an unverified document linking the president to illegal drug use – words that reflect the lower chamber’s suspicions that a full-blown destabilization plot against the Marcos administration is underway......»»

Category: newsSource:  philstarRelated NewsMay 8th, 2024

Tondo volunteer teachers denounce red-tagging, surveillance

“The harassment faced by the leaders of SMTH deeply troubles us. It prompts us to reflect on why the military is targeting this community-based, cause-oriented group that is simply advocating for their fundamental rights to housing and livelihood." The post Tondo volunteer teachers denounce red-tagging, surveillance appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 1st, 2024

Tondo para-teachers denounce red-tagging, surveillance

“The harassment faced by the leaders of SMTH deeply troubles us. It prompts us to reflect on why the military is targeting this community-based, cause-oriented group that is simply advocating for their fundamental rights to housing and livelihood." The post Tondo para-teachers denounce red-tagging, surveillance appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 31st, 2024

The battle of two philosophies

Nicodemus in the New Testament has always fascinated me. As the country celebrates the Holy Week, we should reflect on this......»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024

Holy Week 2024: A peek into 7 Metro Cebu churches for Visita Iglesia

  The Lenten Season is also about reflection and prayer about the passion of Christ.  There are days to fast and during the Holy Week on Maundy Thursday and Good Friday, the Catholic faithful usually practice the Visita Iglesia or the tradition to visit 7 or 14 churches, where they pray and reflect and do.....»»

Category: newsSource:  inquirerRelated NewsMar 27th, 2024

A gender-responsive Philippines for progress

As a father of two wonderful daughters, a husband and being the only man in the family, International Women’s Day is not only a moment to celebrate womanhood worldwide, but also an opportunity to reflect on the personal significance of this day for many individuals......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

Bloomberry opens Quezon City casino in May

The company’s financial and operating results for 2023, “reflect a resilient Philippine economy amid a challenging global economic landscape,” Razon said......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Balik-Tanaw | In defense of life’s sanctity

The season of Lent invites us to commemorate Christ’s passion, death, and resurrection. In this holy season, we are called to reflect on Christ, who was beaten by Roman soldiers, humiliated, stripped naked, wounded, hung on a cross, and suffered until death. The post Balik-Tanaw | In defense of life’s sanctity appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 3rd, 2024

West divided over seizing Russian assets - Bloomberg

France and Germany have warned that outright confiscation would reflect badly on the West's financial system A rift is growing between Western allies over confiscating frozen Russian assets to help Ukraine as they continue to argue over legal ways to use the immobilized funds, Bloomberg reported on Wednesday.  &n.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

Janine and Ariella reflect on life after Miss Universe, offer advice on aspiring beauty queens

There’s no doubt beauty pageant aficionados still remember how beauty queens Janine Tugonon and Ariella “Ara” Arida fared well in the Miss Universe beauty pageant in 2012 and 2013, respectively......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

Marcos tells Fil-Chinese community to reflect on past accomplishments

MANILA, Philippines —  President Ferdinand Marcos Jr. recognized the “heritage of the dragon” as the country marked the Chinese New Year on Saturday. In a message to the Filipino-Chinese community, Marcos encouraged reflection on the past year’s accomplishments and eagerness to embrace the opportunities that the coming year offers. “This occasion brims with infinite opportunities.....»»

Category: newsSource:  inquirerRelated NewsFeb 10th, 2024