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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:  manilanewsRelated NewsMar 21st, 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

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

Philippines, IRRI ink MOU to boost rice output

MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday said it has signed a memorandum of understanding (MOU) with the International Rice Research Institute (IRRI) to help boost rice production in the Philippines. The DA said the five-year MOU seeks to boost the country's rice industry through sustainable practices that enhance yield, reduce production costs, minimize post-harvest.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024

Philippines, IRRI ink MOU to boost rice output

MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday said it has signed a memorandum of understanding (MOU) with the International Rice Research Institute (IRRI) to help boost rice production in the Philippines. The DA said the five-year MOU seeks to boost the country's rice industry through sustainable practices that enhance yield, reduce production costs, minimize post-harvest.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

Navigating brand activism

The Philippines is experiencing a notable shift in corporate practice and behavior, reflecting a broader, global movement toward brands that are not just about profits but are deeply engaged in societal, environmental, and political dialogue. This change stems from a growing desire and demand among consumers for companies to contribute more meaningfully to societal welfare, pushing the boundaries of traditional business roles......»»

Category: financeSource:  philstarRelated NewsMay 4th, 2024

DigiPlus revenues and profits exploded in FY23

DigiPlus declared a cash dividend of P0.18/share (1.8% yield) and teased that its FY23 net income of P4.1 billion, an outrageous 596% increase over its FY22 net income......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

DOF mulls mining tax tweaks for royalties, windfall profits

The Department of Finance is pushing for higher rates and fewer tiers in taxing the extractive sector, but the mining industry argued that the proposed structure would make the sector more uncompetitive......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Market ends week in negative territory

Local stocks fell yesterday to close the week in the red as investors decided to take profits at the last minute......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Share prices slip on profit-taking

The stock market slipped yesterday after rising for three consecutive days as investors cashed in on their profits on the last trading day of the week......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

Stocks snap 3-day rally as investors take profits

Local stocks took a breather yesterday, ending a three-day rally as investors cashed in on the market’s recent gains......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

UnionBank income plummets in Q1

Union Bank of the Philippines booked a net income of P2 billion in the first quarter, down by 41.2 percent from the same period a year ago, as the bank continued to allocate resources toward its takeover of the retail banking business of global banking giant Citi in the Philippines......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Philippine Business Bank seeks universal banking license

Yao-led Philippine Business Bank is looking at obtaining a universal banking license from the Bangko Sentral ng Pilipinas as early as this year......»»

Category: financeSource:  philstarRelated NewsApr 27th, 2024

Tax Notes: ITR filing 2023: Extended banking hours, bank acceptance of tax returns on Saturdays, out-of-district filing

Tax Notes: ITR filing 2023: Extended banking hours, bank acceptance of tax returns on Saturdays, out-of-district filing.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024

PSE EASy platform now accepts online banking for payment of IPO subscriptions

The PSE announced that it added some new features to the PSE EASy platform that allow Local Small Investors (their words, not mine) to buy IPO and follow-on offering shares using an online banking payment system......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Annual stockholders meeting of China Banking Corporation slated in April

China Banking Corporation (Chinabank) will conduct its annual stockholders' meeting in a hybrid format, a combination of in-person and remote attendance, on April 18, 2024, Thursday at 4 p.m......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

China Banking Corporation to hold annual stockholders meeting in April

China Banking Corporation (Chinabank) will conduct its annual stockholders' meeting in a hybrid format, a combination of in-person and remote attendance, on April 18, 2024, Thursday at 4 p.m......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

BSP explores impact of Gen AI in banking

The Bangko Sentral ng Pilipinas is studying the impact of generative artificial intelligence in the banking industry as it seeks to implement some “guardrails” to mitigate potential risks......»»

Category: newsSource:  philstarRelated NewsMar 10th, 2024

Bunye: The current state of Philippine banking

Bunye: The current state of Philippine banking.....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024