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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......»»
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.....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
Grab Philippines commends Marcos, Romualdez on transpo reforms
During the meeting between Grab Holdings, Inc. executives with PBBM, Grab proudly shared its significant contribution to the nation's economy, having eased unemployment by 1.1% from 2019 to 2021......»»
Cignal seeks to rebound, clashes with Farm Fresh
Cignal eyes to reclaim its lost bearing and its old spot in the magic four as it tangles with an unpredictable Farm Fresh Thursday in the Premier Volleyball League All-Filipino Conference at the PhilSports Arena......»»
Geopolitics, rate cut delays could spoil IPO rebound in 2024
Geopolitical tensions and interest rate cut delays could play the spoiler’s role in initial public offerings (IPO) staging a major comeback in the local bourse this year......»»
Angels rebound, Crossovers roll on
Petro Gazz and Chery Tiggo carved out contrasting wins over Capital1 Solar Energy and Nxled, respectively, and stayed in the thick of the fight for the semifinals of the Premier Volleyball League All-Filipino Conference at the PhilSports Arena last night......»»
Go bounces back at Palos Verdes with 72
Lois Kaye Go, determined to rebound from a lackluster pro debut last week, did spring back at Rancho Palos Verdes here, seizing a one-stroke lead over Chihiro Ikeda with a 72 after 18 holes of the ICTSI Palos Verdes Championship......»»
Defending champs CS4 beats Davies Paints in AEBC Corporate Cup opener
CEBU CITY, Philippines — The defending champions, CS4, routed Davies Paints, 73-60, to start their title retention campaign on the winning side of the ongoing Architects and Engineers Basketball Club (AEBC) 7th Corporate Cup 2024. Kyle Esbra finished with a game-high of 22 points with one rebound, two steals, and two assists. Garrick Bande added.....»»
Saso, Pagdanganan open bid in Women s World tilt
Yuka Saso and Bianca Pagdanganan expect to rebound with strong performances in the Women’s World Championship after coming up short to post at least a Top 15 finish in last week’s Honda LPGA Thailand......»»
Lady Bulldogs, Blue Eagles eye bounce-back wins
Opening-day losers want no less than a big rebound although against each other as they try to barge into the winner’s circle of the UAAP Season 86 women’s volleyball tournament Saturday at the Mall of Asia Arena......»»