A man applying for a loan in a bank serves as proof to BSP's report saying that Philippine bank lending is rising

calendar_today September 4, 2024 schedule 4 min read

BSP report says Philippine bank lending rose 10.4% in July, boosted by key sectors

Preliminary data from the Bangko Sentral ng Pilipinas (BSP) reveals that the outstanding loans of universal and commercial banks (U/KBs)…

Jan Metzger, head of investment banking for Citi in Asia-Pacific

calendar_today August 29, 2024 schedule 3 min read

Citi doubles down on the Philippines, foresees continued growth in 2024

Global banking giant Citi has reaffirmed its commitment to the Philippines, citing the country’s strong economic fundamentals and advantageous market…

BSP Governor Eli Remolona Jr. strikes a pose outside the central bank after being named among the world’s best central bank chiefs for the 2nd straight year

calendar_today August 28, 2024 schedule 4 min read

BSP Governor Remolona earns global recognition for central banking excellence this 2024

Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. has recently been honored as one of the world’s top-performing…

Photo shows BSP Assistant Governor Arifa A. Ala, Islamic Banking and Finance Institute Malaysia Chief Executive Officer Yusry Yusoff, Ambassador of Malaysia to the Philippines – His Excellency Dato’ Abdul Malik Melvin Castelino, and BSP Deputy Governor Chuchi G. Fonacier, together with the passers of BSP of Associate Qualification in Islamic Finance and Intermediate Qualification in Islamic Finance-Banking.

calendar_today August 27, 2024 schedule 5 min read

BSP celebrates certification for 138 new Islamic finance professionals in PH with ADB and IBFIM

The Bangko Sentral ng Pilipinas (BSP), in collaboration with the Asian Development Bank (ADB) and the Islamic Banking and Finance…

Man holding a mobile phone with the Maya Bank app

calendar_today August 23, 2024 schedule 4 min read

Maya Bank announces near profitability as digital lending and fintech ventures flourish this 2024

Maya Bank Inc., the digital banking arm of PLDT Inc., is making significant strides towards profitability, driven by a surge…

People walking outside UnionBank's office in Manila

calendar_today August 22, 2024 schedule 4 min read

UnionBank elevates service with new investment products, AI use for ultra-high-net-worth clients

by Jan Michael Carpo, reporter UnionBank of the Philippines is set to launch an array of innovative investment products and…

BSP Governor Eli M. Remolona, Jr. (left, seated), and H.E. Dr. Chea Serey (right, seated), Governor of the National Bank of Cambodia, during the signing of a Memorandum of Understanding between the two central banks

calendar_today August 21, 2024 schedule 4 min read

BSP, National Bank of Cambodia sign MOU for enhanced, more powerful collaboration in 2024

In a landmark event held last August 19, 2024, the Bangko Sentral ng Pilipinas (BSP) and the National Bank of…

AI image of a woman used to announce how Salmon has just been awarded the prestigious 2024 Asian Banking and Finance Fintech Start-Up Award - PH

calendar_today August 20, 2024 schedule 5 min read

Salmon wins 2024 ABF Fintech Start-Up Award, vows to pioneer a new era in PH banking

In a significant milestone for the financial landscape of the Philippines, Salmon, a fintech company dedicated to enhancing access to…

Photo shows PSALM President and CEO Dennis Edward A. Dela Serna (2nd from right), LANDBANK President and CEO Lynette V. Ortiz (right), and DBP President and CEO Michael O. de Jesus (3rd from right) while leading the ceremonial signing for a P110-billion syndicated loan for PSALM

calendar_today August 19, 2024 schedule 5 min read

LANDBANK supports PSALM with P60 Billion syndicated loan to bolster PH power sector

The Land Bank of the Philippines (LANDBANK) has recently taken the lead in strengthening the country’s power industry by extending…

Facade shot of BSP's head office, which reported that PH banks’ bad loans ratio has hit 2-month low despite annual increase in Non-Performing Loans

calendar_today August 16, 2024 schedule 4 min read

PH banks’ bad loans ratio hits 2-month low despite annual increase in Non-Performing Loans

In a recent report by the Bangko Sentral ng Pilipinas (BSP), the gross non-performing loans (NPL) ratio of local banks…

Category: Banking and Finance