ATRAM Group, UnionBank ink strategic partnership for trust units’ merger
THE ATR Asset Management Group (ATRAM Group) and Union Bank of the Philippines, Inc. (UnionBank) have formalized their strategic partnership for the merger of...
T-bill, bond rates may fall as BSP turns dovish
THE RATES of Treasury bills (T-bill) and bonds (T-bond) could end mostly lower this week amid dovish signals from the Bangko Sentral ng Pilipinas (BSP).
Peso may track US-China trade talks
THE PHILIPPINE PESO could trade sideways against the dollar this week as the market awaits the results of US-China trade talks in Geneva.
“The dollar-peso...
BSP short-term debt rates fall
RATES of the Philippine central bank’s short-term securities fell on Friday amid higher demand.
The Bangko Sentral ng Pilipinas (BSP) bills fetched bids worth P137.87...
Gov’t debt yields drop
YIELDS on government securities traded in the secondary market fell last week after slower-than-expected economic growth in the first quarter and easing April inflation.
Bond...
Slower GDP and easing could spur loan growth
BANKING LOAN GROWTH could quicken as slower-than-expected economic growth in the first quarter puts pressure on the Philippine central bank to hasten its policy easing cycle, analysts said.
Manager for problematic payment systems eyed
THE BANGKO SENTRAL ng Pilipinas (BSP) is proposing a framework that will let it appoint a manager in cases when a payment system’s security...
Islamic banks given 3 years to set liquidity plans
THE BANGKO SENTRAL ng Pilipinas (BSP) is looking at putting Islamic banks under an observation period of up to three years as they come...
Peso slides as US and China ink tariff truce
THE PESO depreciated against the dollar on Tuesday after the US and China announced they would temporarily drop additional tariffs imposed on each other.
It...
PBCom Q1 profit falls as operating expenses increase
PHILIPPINE BANK of Communications’ (PBCom) net income fell 4.7% to P472.94 million in the first quarter from a year earlier due to higher operating...
UnionBank upsizes peso bond program
UNION BANK of the Philippines, Inc. (UnionBank) completed the upsizing of its bond program to P100 billion on May 9, with plans of multiple...
T-bill rates drop after easing signals from BSP
THE BUREAU of the Treasury (BTr) on Tuesday fully awarded Treasury bills (T-bills) at lower rates after dovish signals from the Philippine central bank.
Signals...