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BSP check shows most Filipinos unbanked

MAJORITY of Filipinos still did not have bank accounts as of 2017 due to lack of funds to meet required minimum balances, a study of the Bangko Sentral ng Pilipinas (BSP) showed.

BDO raises P8.2 billion from LTNCDs

BDO Unibank, Inc. raised P8.2 billion from its long-term negotiable certificates of deposit (LTNCD), which it wants to use to manage the bank's liabilities. At...

Performance of Philippine banking system

Philippines' banking sector does not risk losing the "stable" outlook given by debt watcher Standard & Poor's. Read the full story here.