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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

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

Landbank sees 2-digit earnings this year

Land Bank of the Philippines is looking at a double-digit growth in net income this year following a record performance in 2023......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

RCBC surrenders trust license

Rizal Commercial Banking Corp. has surrendered its license to engage in trust and other fiduciary business as part of its efforts to make RCBC Trust Corp. a stand-alone trust entity......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

RCBC the best PH bank by network uptime, and UBP ranks at the bottom

Brankas, a Singapore-based fintech software and services provider, published its first annual ASEAN Bank Stability Report to measure the network uptime performance of ASEAN-region banks, and RCBC finished in the top spot among banks in the Philippines with an uptime of 98.3% (31 hours total downtime) including a stretch of seven months with zero downtime events......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

RCBC auto, housing loans hit P121 billion

Yuchengco-led Rizal Commercial Banking Corp. (RCBC) sustained its auto and housing loan portfolio last year, rising by 24 percent to P121 billion amid high demand......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

RCBC personal loans go digital

Rizal Commercial Banking Corp. has debuted its latest innovation this 2024, integrating personal loans in its all-in-one digital banking app RCBC Pulz......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

RCBC raises $400 million from oversubscribed sustainability notes

Rizal Commercial Banking Corp. (RCBC) has raised $400 million from its return to the offshore debt market as investors swarmed its sustainability note issuance......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

Lotto, digit games suspended over Holy Week – PCSO

Lotto and other digit games will be suspended from Maundy Thursday to Easter Sunday, March 28 to 31, in observance of Lent, the Philippine Charity Sweepstakes Office announced yesterday......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Digital banks post significant deposit, loan growth in 2023

The digital banking sector has recorded a significant growth in total deposits and loans in 2023 compared to a year ago, as consumers looked for more accessible and user-friendly financial services......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Monde Nissin sees sales, earnings growth in 2023

Monde Nissin Corp., the listed snack foods giant, expects core net income to have grown by mid-teens for 2023 with sales expected to have hit a high single-digit year-on-year growth......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

SC removes lawyer from gov’t service for misconduct in Ruby Barrameda case records

The Supreme Court has perpetually disqualified for government service a lawyer who was discovered with misplaced records related to the Ruby Rose Barrameda murder case within his secured cabinet in Malacañang......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

S& P: Philippines may miss growth goal this year

S&P Global Ratings sees the Philippines again missing its growth targets this year as it kept its gross domestic product growth forecast at 5.9 percent. While the projection is better compared to other economies in the region, it is again below the government’s 6.5 to 7.5 percent growth target......»»

Category: financeSource:  philstarRelated NewsMar 28th, 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

Philippines manufacturing output sustains growth in January

MANILA, March 7 (Xinhua) -- The Philippines' manufacturing production sustained growth momentum in January, the Philippine Statistics Authority (PSA) said Thursday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased 0.9 percent and 1.9 percent in January, respectively. Across all 22 indust.....»»

Category: sportsSource:  abscbnRelated NewsMar 7th, 2024

Marion Aunor, patuloy sa paghataw sa musika at pelikula

ALAM MO NA!ni Nonie Nicasio PATULOY sa paghataw ang showbiz career ng talented artist na si Marion Aunor. Sa gaganaping 15th Star Awards for Music ng Philippine Movie Press Club (PMPC) ay nakakuha ng 2 dalawang nominasyon si Marion. Namely, Revival Recording of the Year para sa Nosi Balasi from Viva Records and Wild Dream Records at sa ….....»»

Category: newsSource:  inquirerRelated NewsJan 14th, 2024

Bacolod records 3 more confirmed pertussis cases

Bacolod records 3 more confirmed pertussis cases.....»»

Category: newsSource:  sunstarRelated NewsMay 2nd, 2024

Taylor Swift, latest album breaks Spotify records anew

In true Taylor Swift fashion, the artist and her music are breaking records left and right yet again......»»

Category: newsSource:  philstarRelated NewsApr 20th, 2024

Muhammad Alis Thrilla in Manila shorts expected to smash auction records - Muhammad Ali

Bids for trunks from 1975 fight against Joe Frazier could reach $6m in online Sothebys auction The shorts worn by Muhammad Ali during his famous Thrilla in Manila fight in 1975 are expected to smash auction records at Sothebys in New York next week. The white satin Everlast trunks, which Ali signed with a black Sharpie pen, have attracted bids of $3.8m (3m) in an online auction that closes on 12 April. That puts the trunk.....»»

Category: newsSource:  manilanewsRelated NewsApr 18th, 2024

Bacolod records 2 more suspected pertussis cases

Bacolod records 2 more suspected pertussis cases.....»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024