T-bills partially awarded by gov’t
THE GOVERNMENT made a partial award of the Treasury bills (T-bill) it planned to raise on Monday, with yields ending mixed as investors flocked...
Finance department asks BSP to aid Overseas Filipino Bank’s digital shift
THE FINANCE department has asked the Bangko Sentral ng Pilipinas (BSP) to pave the way for the shift to a digital banking system for...
ECB acts to ensure glitch-free ride to bond-buying conclusion
THE EUROPEAN Central Bank (ECB) is making sure its bond-buying program doesn’t run into any problems in Germany in the final stretch.
Six months before...
BPI SRO plan ‘credit positive’
MOODY’S INVESTORS Service said the P50-billion stock rights offering (SRO) to be conducted by the Bank of the Philippine Islands (BPI) is credit positive...
Peso rebounds ahead of trading break
THE PESO rebounded against the dollar on Monday as banks pocketed gains ahead of the Holy Week break.
The local currency closed at P52.215 against...
T-bills on offer to fetch lower rates on demand
TREASURY BILLS (T-bills) on auction today will likely fetch lower yields on the back of strong demand for shorter-tenored securities.
The Bureau of the Treasury...
Yields on gov’t debt drop on Fed hike, BSP review
YIELDS on government securities (GS) traded in the secondary market declined last week amid an interest rate hike in the US and the Bangko...
BoE experiments with anonymous applications
THE BANK of England (BoE) is piloting anonymous job applications to promote diversity.
The more than three-century old central bank only appointed its first female...
Peso seen sideways on profit taking
THE PESO is expected to move sideways this week as investors pocket profits ahead of the Holy Week break and amid brewing tensions between...
Peso slumps on Trump’s move vs China
THE PESO slumped against the dollar on Friday as President Donald J. Trump imposed sanctions on China for trade violations.
The local currency closed the...
Bank of Makati net profit surges
BANK of Makati, Inc. (BMI) doubled its net profit in 2017 on the back of its motorcycle loan business.
In a statement obtained by BusinessWorld,...
Central bank trims term deposit auction volume
By Melissa Luz T. Lopez
Senior Reporter
THE BANGKO SENTRAL ng Pilipinas (BSP) trimmed the volume of term deposits to be offered next week, in response...