Gearing up versus the goliaths

By Melissa Luz T. Lopez, Senior Reporter PHILIPPINE BANKS may be easily dwarfed by other Southeast Asian lenders in size. But what they lack in scale,...

Weak peso? No problem for banks

JUST IN TIME for the holidays, Filipinos working overseas will be sending their hard-earned money back home to their families. Given a “weaker” peso...

Domestic news lifts local financial markets

By Christine Joyce S. Castañeda, Senior Researcher LOCAL financial markets performed well for the most part in the third quarter, buoyed by positive news at home...

Outlook still rosy for bank stocks despite slowdown

GROWTH in banking stocks this quarter slowed down compared to the preceding quarter albeit still on a par with expectations, analysts said. They also...

BPI LTNCTD issue expanded to record P12.24-billion

BANK of the Philippine Islands (BPI) listed P12.24 billion worth of long-term notes yesterday, marking the entry of the bank into the fixed income...

Peso weakens amid US rate hike concerns; losses limited by remittances

THE peso closed weaker after the dollar strengthened in Asian trading on concerns US rates may head higher. The peso closed at P50.72 against the...

Current conditions ‘not yet ripe’ for cut in reserve requirements

By Melissa Luz T. Lopez, Senior Reporter CURRENT LIQUIDITY conditions do not make the case for reducing the reserve requirement ratio (RRR) anytime soon, a senior...

China’s $3.4-trillion corporate bond market faces rocky 2018 on deleveraging

CHINA’S deleveraging campaign is finally starting to bite in the nation’s corporate bond market, a shift that will make 2018 a clearer test of...

Peso weakens on dovish Fed

THE PESO failed to sustain its rally against the dollar on Thursday amid the dovish tone of the minutes of the latest US Federal Reserve meeting. The...

JADAM: Ultra low cost agriculture

Flor G. Tarriela
PHILIPPINE gross domestic product (GDP) increased by 6.9% in the third quarter but agriculture grew at a slower pace at 2.5% verses 3.0% in...

Bids for term deposits drop after RTB auction

By Melissa Luz T. Lopez, Senior Reporter TERM DEPOSITS offered by the Bangko Sentral ng Pilipinas (BSP) yesterday saw tepid demand, with banks left with a...

BPI to open more new, refurbished branches

BANK of the Philippine Islands (BPI) is looking into opening new and refurbished branches as it ramps up its presence across the country. At the...
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