PSBank net income inches higher in first semester
PHILIPPINE SAVINGS Bank (PSBank) reported nearly flat earnings in the first half of the year, driven by a double-digit rise in its core income.
In...
Pag-IBIG housing loans rise in first half
GOVERNMENT-RUN Home Development Mutual Fund or Pag-IBIG Fund reported a double-digit growth in its housing loans in the first six months of the year,...
Metrobank earnings climb in 2nd quarter
By Melissa Luz T. Lopez,Senior Reporter
METROPOLITAN BANK & Trust Co. (Metrobank) saw its net income climb during the second quarter, driven by double-digit increases in both commercial and retail...
UCPB income rises 12% in first half
UNITED COCONUT Planters Bank (UCPB) saw its bottom line grow double digits in the first semester on the back of strong consumer loans, it...
Peso down on strong jobs data
THE PESO weakened versus the dollar yesterday due to better-than-expected jobs data in the United States, as market players anticipated fresh hints from the...
China’s bank regulator lets crackdown deadline slip due to stability concerns
BEIJING/SHANGHAI -- China’s banking regulator has extended by two months a June deadline for banks to submit risk assessments over concerns it was putting...
BoJ’s silence on side effects of easing adds risk
THE Bank of Japan (BoJ) is adding to the risks of its aggressive monetary easing policies by discussing only their potential upside, according to...
Treasury bonds to fetch lower yields on demand
By Melissa Luz T. Lopez
Senior Reporter
TREASURY BONDS (T-bonds) on offer this week would likely see yields trend lower amid strong demand, with the government...
BSP says no extension for Sept. 30 deadline for banks’ multi-factor authentication shift
THE CENTRAL BANK will not extend the end-September deadline for banks and credit card issuers to adopt tighter standards for client verification, as the...
Peso expected to drop on positive US jobs data
THE PESO may weaken this week versus the dollar to reverse its upward trend from last week due to likely positive US inflation data...
Yields down on US data
By Christine J. S. Castañeda
Researcher
YIELDS on government securities (GS) traded in the secondary market went down last week as they tracked the movement of...
UnionBank net income down in Q2
UNION BANK of the Philippines (UnionBank) saw its income slide in the second quarter, but still posted a double-digit income in the first semester,...