BPI says 100 branches now powered by renewable energy
BANK of the Philippine Islands (BPI) said 100 of its branches are now powered entirely by clean energy following the recent transition of 30...
PBCom to redeem P7.7B in corporate bonds
PHILIPPINE BANK of Communications (PBCom) will fully redeem P7.69 billion in corporate bonds following their maturity on Tuesday.
“The Philippine Bank of Communications announces the...
Metrobank books P12.6-billion net income in Q1
METROPOLITAN BANK & Trust Co. (Metrobank) posted a net profit of P12.6 billion in the first quarter, supported by strong interest and fee income,...
BTr partially awards T-bills as yields jump on inflation woes
THE GOVERNMENT partially awarded the Treasury bills (T-bills) it offered on Monday as yields jumped across the board on expectations of faster April inflation...
Peso drops as war risks persist
THE PESO declined anew versus the dollar on Monday as escalating tensions in the Strait of Hormuz despite the ceasefire between the United States...
ASEAN+3 finance, central bank chiefs vow stronger regional ties amid shocks
FINANCE MINISTERS and central bank governors of the Association of Southeast Asian Nations Plus Three (ASEAN+3) have pledged to tighten regional cooperation as the...
BSP bills fetch higher rate despite strong demand
THE BANGKO SENTRAL ng Pilipinas’ (BSP) short-term securities fetched a higher average yield for a second straight week on Monday, even as the offer...
Metrobank says home, auto loan applicants prefer house-and-lot developments and SUVs
METROPOLITAN Bank & Trust Co. (Metrobank) is seeing preference for loans for house-and-lot properties and sport utility vehicles (SUVs) among borrowers, showing that Filipinos...
BSP allows direct currency withdrawals by banks during calamity, emergency situations
BANKS not registered with the Philippine Payment and Settlement System (PhilPaSS) Plus or the Integrated Currency Management System (ICMS) are now temporarily allowed to...
Rates of Treasury bills, bonds may climb on inflation worries
RATES of the Treasury bills (T-bills) and Treasury bonds (T-bonds) to be offered this week could end mostly higher on growing inflation risks as...
Peso weakness may persist as war-driven risks cloud outlook
THE PESO may continue to weaken this week and possibly hit new lows against the dollar due to renewed global oil price concerns as...
Banks to keep credit standards amid ME conflict
BANKS expect to keep their lending standards this quarter as they see steady demand for credit despite the impact of the Middle East (ME)...