Gov’t fully awards T-bills at lower rates
THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday as rates went down across all tenors on expectations...
RCBC looks to make all loan products available via digital platforms
RIZAL COMMERCIAL Banking Corp. (RCBC) is looking to make all its loan products available through multiple digital channels, starting with the launch of its...
Peso strengthens vs dollar
THE PESO climbed to a new three-month high versus the dollar on Monday following hawkish comments from the Bangko Sentral ng Pilipinas (BSP) chief.
The...
T-bill, bond rates to drop
RATES of Treasury bills and bonds on offer this week could track the decline seen at the secondary market amid softer US inflation, which...
Financial system’s resources rise as of May
THE TOTAL resources of the country’s financial system continued to rise at end-May, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.
Resources of...
Yields on gov’t debt end lower on US inflation data
YIELDS on government securities (GS) fell last week as US consumer inflation posted its slowest increase in more than two years, reducing the possibility...
Peso may strengthen on dovish central bank bets
THE PESO may continue to rise against the dollar this week on expectations that the US Federal Reserve may cut rates early next year...
Security Bank raises P18.5B from issuance of fixed-rate bonds
SECURITY BANK Corp. on Thursday said it raised P18.5 billion from the issuance of fixed-rate peso corporate bonds due 2025.
The size of the issuance,...
HMO industry incurs P319-M net loss
THE HEALTH Maintenance Organization (HMO) industry swung to a P319-million net loss in the first quarter after the decline in invested assets and equity,...
DBP lends over P1B to Capiz real estate developer
THE DEVELOPMENT Bank of the Philippines (DBP) granted an initial P1.106-billion loan to Pueblo de Panay, Inc. (PDPI) for the development of multiple property...
The increasing cyber risk agenda in financial organizations
By Wilson P. Tan
For many years, bank board directors have placed the highest priority on cybersecurity. However, the 12th EY annual global bank risk management survey conducted...
Peso jumps to fresh three-month high on Fed bets
THE PESO climbed to a 14-week high on Thursday on expectations that the US Federal Reserve might ease or pause its tightening cycle after...