MANILA, July 31 -- Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla Jr. vows further foreign exchange liberalization to help address rising financing requirements of the domestic economy.
Espenilla said bank lending...
MANILA, July 29 -- An analyst forecasts the Philippine peso to weaken beyond the government’s 48-50 target range for 2017 but considers this as still okay as long as depreciation is...
MANILA, July 28 -- The Philippine Stock Exchange index (PSEi) extended its gains for a fourth straight day and closed at a one-year high of 8,071.47, up by 25.69 points or...
MANILA, July 26 -- Surigao del Sur-based Cantilan Bank Inc. (CBI) will be rolling out the country’s first cloud-based core banking technology in Mindanao.
CBI, with financial support from the Asian Development...
July 25 - Sen. Chiz Escudero said he wanted to look into the recently exposed internal fraudulent scheme allegedly perpetrated by a senior bank official of the Metropolitan Bank and Trust...
MANILA, July 25 - Bangko Sentral ng Pilipinas’ (BSP) investigation of the alleged fraud, amounting to at least PHP900 million, in Metropolitan Banking & Trust Company (Metrobank) may take a month,...
