Security Bank net profit climbs 5% in 3rd quarter
Security Bank net profit climbs 5% in 3rd quarter
Peso strengthens further
THE PESO strengthened against the dollar on Monday as markets see better inflation data and economic growth figures later this week, boosting prospects for the Philippines.
Yields on T-bills, bonds to go up
YIELDS ON Treasury bills (T-bill) and Treasury bonds (T-bond) to be auctioned off this week are likely to move sideways or slightly higher, with bids to continue stabilizing as the market expects better economic data to be released this week.
Peso likely to rise ahead of data
THE PESO could maintain its strength this week ahead of positive inflation and economic growth data expected onshore, which could offset the possible appreciation of the dollar.
Prudential Guarantee tops non-life insurers in net premiums in 2017
PRUDENTIAL Guarantee & Assurance, Inc. (PGA) was named the top non-life insurer in 2017 based on premium income after writing P4.81-billion worth of net premiums, moving up from second place in 2016, the Insurance Commission (IC) said.
Barclays posts lowest CET1 ratio in stress test
BARCLAYS PLC saw its key measure of financial health sink to the lowest level among 48 banks in a European stress test, which gauged how well lenders could withstand heavy credit losses and other Brexit-related fallout.
Liquidity growth slowest in nearly three years
MONEY SUPPLY growth eased anew in September to post its slowest pace in almost three years, the central bank said, as bank lending also cooled at a time of higher interest rates.
Yields on term deposits go up
YIELDS fetched on term deposits climbed anew this week as the central bank reduced the amounts offered during Wednesday’s auction.
Robinsons Bank to raise P3.5B via LTNCDs
ROBINSONS BANK Corp. is set to raise P3.5 billion through issuance of long-term negotiable certificates of deposit (LTNCD) next year to fund the expected growth of its lending segment.
Peso climbs to two-month high
THE PESO strengthened against the dollar to reach a two-month high as market players prepare for remittance coverage for the long weekend.
Insurers to set rules vs money laundering
Insurers to set rules vs money laundering
Bangko Sentral requires certification for investment agents selling UITFs
THE CENTRAL BANK is placing investment agents under its watch by requiring them to secure a certification before selling unit investment trust fund (UITF) products to the public.