BSP’s Islamic Banking and Finance (IBF) core team receives ‘Presidential Lingkod Bayan Award’
The Islamic Banking and Finance (IBF) Core Team of the Bangko Sentral ng Pilipinas (BSP) was recently named regional winner…
UnionBank chooses Red Hat OpenShift service on AWS to increase innovation and speed to market
Red Hat, Inc., the world’s leading provider of open-source solutions, announced recently that the Philippines’ UnionBank is using Red Hat…
LANDBANK posts highest P31.85-billion net income in Q3, records 24% increase Year-on-Year
The Land Bank of the Philippines (LANDBANK) posted a net income of P31.85 billion in the first nine months of…
ADB loan worth US$300 million seen to boost the Philippines’ financial inclusion goals
The Asian Development Bank (ADB) has approved a US$300 million policy-based loan to support the Philippine government in creating a…
More rural banks in PH consolidating operations to help strengthen their financial health
More rural banks in the Philippines are now consolidating their operations in response to the Bangko Sentral ng Pilipinas (BSP)’s…
BSP gives all types of banks in PH until June 2024 to submit their recovery plans
To restore the profitability of banks and guarantee business continuity, the Bangko Sentral ng Pilipinas (BSP) has recently advised mid-sized…
FSF intensifies collaboration towards a resilient, sustainable, and inclusive financial system in PH
The Financial Sector Forum (FSF) remains committed to intensifying efforts in building a more resilient, sustainable, and inclusive financial system…
EastWest Bank bares plan to issue up to P30-B worth of bond offerings in the next 5 years
Over the course of the next five years, East West Banking Corp. may be expected to raise the bonds it…
Global network working together to promote financial inclusion issues “Manila Manifesto”
Last week, the 2023 Alliance for Financial Inclusion (AFI) Global Policy Forum issued a public declaration, aptly called the “Manila…
BSP Governor Remolona Jr. swears in two new members of the Philippine Monetary Board
Two new members of the Philippine Monetary Board have just been sworn in! Welcome Rosalia V. De Leon, former National…