Manulife Philippines bets on diversified investments to sustain profits
MANUFACTURERS Life Insurance Co. (Phils.), Inc. (Manulife Philippines) is leaning on investment diversification to support profitability this year after a decline in premium income...
PHL bank bonds may underperform
CREDITSIGHTS kept its “market underperform” recommendation on most Philippine bank dollar bonds, citing weaker growth expectations after last year’s flood control graft scandal and...
Global bond sell-off deepens as oil price jump stokes stagflation fear
GLOBAL BOND MARKETS tumbled in Asian trading on Monday as an oil price shock prompted investors to price in higher inflation and a deteriorating...
EastWest rolls out auto loan refinancing program
EAST WEST Banking Corp. has launched a refinancing solution for auto loans that lets borrowers access cash while keeping their vehicles as collateral.
The program,...
Iran conflict forces Asian central banks into sharp policy rethink
TOKYO — The escalating crisis in the Middle East has dramatically changed the outlook for Asian central banks, with the huge supply shock posing...
T-bill, bond rates may rise on BSP’s policy rate hike signals
RATES on Treasury bills (T-bills) and Treasury bonds (T-bonds) may rise this week as markets reassess the Bangko Sentral ng Pilipinas’ (BSP) policy outlook following signals that the central bank could tighten monetary policy if global oil prices surge further.
Peso may weaken on prolonged Middle East war
THE PHILIPPINE peso could weaken further this week as escalating war in the Middle East boosts demand for safe-haven assets such as the dollar.
The...
BSP bill yields rise as demand weakens
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) short-term securities rose on Friday after demand fell short of the central bank’s offer.
Total bids for...
Bank of Makati looks to rebalance its loan book
BANK OF MAKATI (A Savings Bank), Inc. plans to rebalance its loan portfolio this year by expanding its personal loan segment to reduce its...
Security Bank taps VeritasPay for MSME payment solutions
SECURITY BANK CORP. has partnered with VeritasPay Philippines, Inc. to expand digital payment options for its micro, small and medium enterprise (MSME) clients.
“MSMEs need...
PHL bond yields climb amid oil, war concerns
GOVERNMENT bond yields in the Philippines climbed last week as investors reacted to escalating tensions in the Middle East and weighed the implications of...
Philippine banks’ profit growth may slow on narrowing margins
PHILIPPINE BANKS’ profit growth could slow down this year as the interest rate environment normalizes and with geopolitical risks adding more uncertainty to already...