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Asialink secures P300 million credit line from Taiwanese bank
Asialink Finance Corp. has secured a P300-million credit line facility from Taiwan’s Cathay United Bank, shoring up resources that small borrowers can tap into for their expansion plans......»»
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......»»
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.....»»
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......»»
Tropical cyclone likely to enter PH this week - The Manila Times
MANILA, Philippines: The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) said a tropical cyclone may enter the Philippine Area of Responsibility (PAR) later this week. "The weather disturbance, which was predicted to enter PAR this weekend, would likely affect some areas in Mindanao," weather specialist Rhea Torres said. In the meantime, most areas will continue to swelter,.....»»
Dino vs Dina in 5th district ‘most likely’ in next polls
Dino vs Dina in 5th district ‘most likely’ in next polls.....»»
Indonesia s Prabowo Likely to Keep Close Ties With China
Taipei, Taiwan - Defense Minister Prabowo Subianto, once a fierce critic of China, has emerged as the likely winner of Indonesia's presidential election. His presumed victory, analysts say, is unlikely to lead to any major shifts in the Southeast Asian nation's relations with Beijing.However, concerns about work safety and environmental pollution linked to Chinese investments, as well as Beijing's claims in the.....»»
Indonesia s Prabowo Likely to Keep Close Ties With China
Taipei, Taiwan - Defense Minister Prabowo Subianto, once a fierce critic of China, has emerged as the likely winner of Indonesia's presidential election. His presumed victory, analysts say, is unlikely to lead to any major shifts in the Southeast Asian nation's relations with Beijing.However, concerns about work safety and environmental pollution linked to Chinese investments, as well as Beijing's claims in the.....»»
BSP: Inflation likely eased further in January
Headline inflation likely slowed further for the fourth straight month in January, ranging between 2.8 and 3.6 percent, after easing to a 22-month low of 3.9 percent in December, according to the Bangko Sentral ng Pilipinas......»»
Philippines likely grew below target in 2023 – economists
The economy likely posted growth below the government’s target of six to seven percent in 2023, according to economists......»»
Philippines likely missed 2023 growth target
While some economists believe the Philippine economy likely grew faster in the fourth quarter, the overall expansion in 2023 is still expected to fall short of the six to seven percent target penned by the government’s economic managers......»»