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…
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…
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…
Global policy forum on financial inclusion and improving access for most vulnerable held in PH
With 1.4 billion people still excluded from the formal financial system, leaders of central banks, ministries of finance, as well…
BPI and Robinsons Bank to update their merger strategy
In response to the Bangko Sentral ng Pilipinas (BSP)’s feedback, the Gokongwei-owned Robinsons Bank Corp. and the Ayala-led Bank of…
Metrobank named “Top Domestic Bank” in PH at this year’s Asiamoney Best Bank Awards
Metropolitan Bank and Trust Co. (Metrobank) has once again been hailed as the country’s top domestic bank, duplicating its feat…
BSP wary about additional “financial accidents” amid rate increases made by US Federal Reserve
Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona, Jr. recently expressed concern about further “financial accidents” that may be brought…
DBP bags 5 awards from IHAP for key investment deals made in 2022
A top official of the Development Bank of the Philippines (DBP) announced recently that the state-owned financial institution has won…
GoTyme hits 1 millionth customer milestone
Less than a year after its inception, GoTyme Bank, a joint venture between the Gokongwei business and Singapore’s multi-country digital…