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Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 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

Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023

The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

ED attaches asset worth Rs 70 lakh in bank fraud implicating Hyderabad-based Jasleen Enterprises

New Delhi [India], March 28 (ANI): The Directorate of Enforcement (ED) has attached an immovable property valued at Rs 70 lakh in a bank fraud case involving Jasleen Enterprises headquartered in Hyderabad. The Hyderabad division of the ED attached the fixed asset in accordance with the stipulations outlined in the Prevention of Money Laundering Act (PMLA) of 2002. ED initiated investigation on the basis of First Informati.....»»

Category: newsSource:  manilanewsRelated NewsMar 28th, 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

PLDT arm strengthens tieup with Tarlac rural bank

The business arm of PLDT Inc. has strengthened its partnership to further boost the digitalization journey of Signabank Rural Bank of Sta. Ignacia based in Tarlac......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

PLDT arm strengthens partnership with tarlac rural bank

The business arm of PLDT Inc. has strengthened its partnership to further boost the digitalization journey of Signabank Rural Bank of Sta. Ignacia based in Tarlac......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Earth Hour 2024 Calls for Filipinos to Switch Off Lights and Switch Off Single-use Plastics

Filipinos can help in solving two of our planet’s biggest problems, biodiversity loss, and climate change, by doing their part in conserving energy and putting an end to the problem of plastic pollution. Earth Hour 2024, set on March 23, Saturday will once again bring together millions of people across the world so they can […].....»»

Category: newsSource:  metrocebuRelated NewsMar 23rd, 2024

Study: 1 in 3 women across the world experience gender-based abuse

In the Philippines, one in four Filipino women aged 15-49 has experienced physical, emotional, or sexual violence by their husband or partner, according to a survey conducted by the Philippine Statistics Authority last 2017. The post Study: 1 in 3 women across the world experience gender-based abuse appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 26th, 2024

Cebu-based dance crew SZHD to ignite World Supremacy Battlegrounds 2024

Cebu-based dance crew SZHD to ignite World Supremacy Battlegrounds 2024.....»»

Category: newsSource:  sunstarRelated NewsJan 25th, 2024

UK-based chefs create Filipino-inspired dishes

Negros-based rum Don Papa tapped two award-winning chefs based in the United Kingdom to create a dinner menu inspired by Filipino flavors......»»

Category: newsSource:  philstarRelated NewsApr 19th, 2024

2 Pangasinan-based environmental defenders abducted

by DOMINIC GUTOMAN Bulatlat.com MANILA – Two Pangasinan-based environmental defenders and organizers were violently mauled and dragged into an SUV at about 8 p.m. on March 24 in Barangay Polo, San Carlos, Pangasinan, according to human rights group Karapatan-Central Luzon Karapatan – Central Luzon said the abduction of Francisco “Eco” Dangla III and Axielle “Jak”… The post 2 Pangasinan-based environmental defenders abducted appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 25th, 2024

The Daily Guardian: Microsoft Introduces AI Copilot Pro, a Subscription-based Chatbot for $20 per Month

Title: Microsoft Launches Subscription-Based AI Tool ‘Copilot Pro’ to Enhance Productivity and Performance Microsoft has recently announced the launch of Copilot Pro, a new subscription-based.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 17th, 2024

World champion Collazo calls out Jerusalem for a unification bout 

CEBU CITY, Philippines — The reigning World Boxing Organization (WBO) world minimumweight champion Oscar “El Pupilo” Collazo didn’t give the newly-crowned World Boxing Council (WBC) world minimumweight Melvin “Gringo” Jerusalem enough time to celebrate.  Collazo immediately called out Jerusalem for a unification bout and a rematch following the latter’s split decision victory to dethrone erstwhile.....»»

Category: newsSource:  inquirerRelated NewsApr 1st, 2024

Jerusalem ends PHL’s world title drought in boxing, wins WBC minimumweight belt in Japan

CEBU CITY, Philippines — Finally, the Philippines ended its world title drought in boxing after Melvin “Gringo” Jerusalem dethroned Yudai Shigeoka via split decision to win the World Boxing Council (WBC) world minimumweight title on Sunday, March 31, in Nagoya, Japan. Jerusalem flexed his winning might against the heavily favored Japanese world champion after knocking.....»»

Category: newsSource:  inquirerRelated NewsMar 31st, 2024

Jerusalem, Amparo make weight for Japan world title bouts

CEBU CITY, Philippines — Former world champion Melvin “Gringo” Jerusalem and world-rated Jake “El Bambino” Amparo will attempt to dethrone the vaunted Shigeoka brothers in their separate world title bouts on Sunday, March 31, in Nagoya, Japan.  Jerusalem eyes a repeat of his 2023 shocking world title victory against Masataka Taniguchi by taking on Yudai.....»»

Category: newsSource:  inquirerRelated NewsMar 30th, 2024

Andales cancels IBF world title fight in Japan

CEBU CITY, Philippines — Filipino ArAr Andales reportedly withdrew from his world title bout on March 31 in Nagoya, Japan. Andales was scheduled to fight the reigning International Boxing Federation (IBF) world minimumweight champion, Ginjiro Shigeoka of Japan. Their world title duel was supposedly a double-header world title bout with fellow Filipino Melvin Jerusalem gunning.....»»

Category: newsSource:  inquirerRelated NewsMar 26th, 2024