Category: Banking and Finance

calendar_today July 22, 2022 schedule 3 min read

Retirees can now rejoice as new GSIS chief vow to strengthen state-run pension funds

Here’s good news for government workers eyeing to enjoy the fruits of their labor upon their retirement. Arnulfo “Wick” Veloso,…

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government employees, GSIS, pension fund, public sector workers, retirees, retirement benefits

By Ralph Fajardo

calendar_today July 21, 2022 schedule 2 min read

RCBC pushes for the creation of a scorecard to improve credit eligibility of unbanked Filipinos

The Rizal Commercial Banking Corp. (RCBC) is pushing for the creation of a scorecard that can be used to assess…

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banking and finance, credit history, Financial literacy, RCBC, risk profile, unbanked

By Ralph Fajardo

calendar_today July 19, 2022 schedule 2 min read

Standard Chartered recognized for efforts in transaction banking, wins 97 Triple A Awards

Standard Chartered Bank (SCB) was recently recognized for its achievements in transaction banking, winning a total of 97 awards across its…

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banking and finance, e-solutions provider, Standard Chartered, The Asset Triple A awards

By Ralph Fajardo

calendar_today July 18, 2022 schedule 2 min read

3 local digital banks make it to The Asian Banker’s Global Top 100 list

Three international digital banks with local operations in the Philippines have made it to the inaugural list of The Asian…

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banking and finance, CIMB Group, digital banking, finance technology, ING Bank, The Asian Banker, Tonik Financial

By Ralph Fajardo

calendar_today July 15, 2022 schedule 3 min read

PH to become fastest-growing country in ASEAN, sound banking system to aid in recovery

“The Philippines’ economic prospects are bright. We will probably be the fastest-growing country in the ASEAN region in the next…

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banking sector, BSP, Diokno, DOF, economy, GDP

By Ralph Fajardo

calendar_today July 14, 2022 schedule 3 min read

UNOBank Inc. shifts to new CRM System, vows to offer concierge-like onboarding process

Customers of UNOBank Inc. will soon be able to experience a smooth, fast, secure, and concierge-like onboarding process once its…

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BUSINESSNEXT, CRM system, CRMNEXT, digital banks, Unobank Inc.

By Ralph Fajardo

calendar_today July 11, 2022 schedule 4 min read

BSP proposes minimum P3-B capitalization for Islamic banks, consultations ongoing

The Monetary Board, the policy-making arm of the Bangko Sentral ng Pilipinas (BSP), is proposing that capital requirements for Islamic…

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banking and finance, IBUs, Islamic Banking and Finance, Islamic Banking Units, Islamic Finance, Monetary board

By Ralph Fajardo

calendar_today July 8, 2022 schedule 6 min read

2022 seen as the “Year of Digital Banks” as BSP grants licenses to 6 banks in PH

by Bhea Baarde, Correspondent Three already launched. Three more to go. The year 2022 may definitely be considered the year…

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digital banking, Maya Bank, Overseas Filipino Bank, Tonik Digital Bank, Union Digital

By Ralph Fajardo

calendar_today July 7, 2022 schedule 2 min read

No New Philippine Peso Coin series — BSP

Reports circulating on social media about a new Philippine coin series have reached the Bangko Sentral ng Pilipinas (BSP), and…

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Bagong Lipunan, banking and finance, BSP, new peso coins

By Ralph Fajardo

calendar_today July 6, 2022 schedule 4 min read

Diokno says incoming chief will be able to continue reforms at BSP

Outgoing BSP chief and new Finance Secretary Benjamin Diokno said that he is confident the new governor of Bangko Sentral…

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BSP, digital payments, Gold Law, Islamic Bank Law, Medalla, Monetary policies, rising inflation

By Ralph Fajardo