By Joann Villanueva/PNA
MANILA -- Policy enhancements on banks' capital, risk management systems and good governance, among others, will protect exposed local banks from any headwinds that may arise from the bankruptcy announcement...
Press Release/PNA
MANILA -- The Trade Union Congress of the Philippines (TUCP) applauded President Rodrigo Duterte for signing into law a measure allowing workers to work from home as alternative work arrangement in...
By Joyce Ann L. Rocamora - PNA
MANILA -- After the conviction of Rizal Commercial Banking Corporation (RCBC) bank manager Maia Deguito in relation to the USD81-million bank heist, the Bangladesh Embassy in...
By Joann Villanueva - PNA
MANILA -- The conviction of a former Rizal Commercial Banking Corporation (RCBC) official for money laundering, in relation to the USD81 million stolen funds of Bangladesh Bank, part...
DOF PR/PNA
MANILA -- Finance Secretary Carlos Dominguez III in a statement on Thursday underscored the need to put in place a liberal regulatory environment to enable financial technologies (Fintech), that would...
By Joann Villanueva/PNA
MANILA -- Availments in the Bangko Sentral ng Pilipinas’ (BSP) Peso Rediscount Facility posted a big year-on-year jump in 2018 a clear indication that banks are lending more to...