HSBC Philippines sees affluent sector driving growth of its premier segment
HSBC PHILIPPINES expects the affluent sector to drive customer growth for its international wealth and premier banking segment over the next three to five...
Peso back at P58 level on hopes of de-escalation in Middle East conflict
THE PESO surged back to the P58-a-dollar level on Tuesday after US President Donald J. Trump signaled that the Middle East conflict could end...
RCBC renewable energy loans reach P60B
RIZAL COMMERCIAL Banking Corp. (RCBC) saw its renewable energy (RE) portfolio grow to breach P60 billion last year, helping add over 2,000 megawatts of...
T-bill auction partially filled as yields advance
THE PHILIPPINE government raised just P19.2 billion from its Treasury bill (T-bill) auction on Monday, with yields climbing as investors remained cautious amid escalating Middle East tensions and rising crude oil prices.
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...
