Metrobank bullish on earnings after record first half
METROPOLITAN Bank & Trust Co. (Metrobank) is bullish on its earnings for this year after it booked a record net income in the first...
Gov’t debt yields climb
YIELDS on government securities (GS) traded in the secondary market climbed across the board last week following the release of data showing better-than-expected Philippine economic growth in the second quarter and quicker inflation in July.
Peso may be range-bound before BSP meeting
THE PESO may be range-bound against the dollar this week as the market awaits the Philippine central bank’s policy meeting.
The local unit closed at...
BPI raises P33.7 billion from SEED Bonds
BANK of the Philippine Islands (BPI) raised P33.7 billion from its offering of 1.5-year Sustainable, Environmental, and Equitable Development (SEED) Bonds, well above its...
Lending growth steady in June
BANK LENDING continued to post double-digit growth in June, the Bangko Sentral ng Pilipinas (BSP) reported.
BSP looks to enhance reporting guidelines
THE BANGKO SENTRAL ng Pilipinas (BSP) is looking to enhance its guidelines on its supervised financial institutions’ (BSFIs) reporting governance frameworks, including changes to...
Dominion Holdings books lower net earnings in the second quarter
DOMINION HOLDINGS, Inc. (DHI) saw its net income decline by 12.45% year on year in the second quarter due to lower interest earnings.
The company’s...
The personalization versus privacy dilemma
By Reynaldo C. Lugtu, Jr.
The ubiquity of digital platforms and channels such as websites and mobile apps has significantly transformed the landscape of customer interactions. These platforms strive...
Peso surges to three-month high
THE PESO climbed against the dollar for a seventh straight session on Thursday and hit a three-month high following stronger-than-expected Philippine gross domestic product...
BSP could still cut rates next week, Recto says
THE BANGKO SENTRAL ng Pilipinas (BSP) may still cut benchmark interest rates at its policy meeting next week, Finance Secretary Ralph G. Recto said...
Yields on term deposits mixed on policy easing bets
YIELDS on the central bank’s term deposit facility (TDF) ended mixed on Wednesday amid hawkish policy bets following faster-than-expected July inflation.
The Bangko Sentral ng...
Maya Bank’s loan disbursements hit P47B at end-June
MAYA BANK, Inc. has disbursed P47 billion in loans to over a million borrowers as of June, it said on Wednesday.
“Every day, we’re driven...