Metrobank to expand consumer lending
METROPOLITAN Bank & Trust Co. (Metrobank) is looking to increase the share of consumer loans in its total loan portfolio to help offset narrowing...
Monetary policy still viable in ‘tokenized’ system, project shows
NEW YORK — Central banks should still be able to conduct monetary policy effectively and perhaps be even nimbler in a more decentralized financial...
Why China’s neighbors may want currency deals with Trump
SINGAPORE — As the currencies of South Korea, Taiwan and Japan rise, so too is chatter that these economies could use exchange rate revaluation...
BSP securities fetch lower rates
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) short-term securities dropped on Friday as both tenors attracted strong demand.
The central bank securities fetched bids...
Peso may move sideways vs dollar
THE PESO could trade sideways against the dollar this week as the market continues to watch for developments in the United States’ trade talks...
Debt yields end mixed after US-China truce
YIELDS on government securities (GS) traded on the secondary market ended mixed last week as appetite for other risk assets improved following the trade...
IC sets valuation standards for MBAs’ policy reserves
THE INSURANCE Commission (IC) has set the standards for the computation of mutual benefit associations’ (MBA) policy reserves.
“Every MBA supervised by the Insurance Commission...
Treasury bill, bond rates may be range-bound on BSP easing bets
RATES of the Treasury bills (T-bills) and Treasury bonds (T-bonds) on offer this week could end mixed to track secondary market yield movements and...
Peso slips vs dollar as Moody’s cuts US sovereign credit rating
THE PESO inched down against the dollar on Monday after Moody’s downgraded the US’ sovereign credit rating.
The local unit closed at P55.67 per dollar,...
Ninja Van Philippines, Security Bank ink referral partnership
NINJA VAN Philippines has partnered with Security Bank Corp. to launch a two-way referral program for micro, small, and medium enterprises (MSMEs).
Under the agreement,...
BanKo partners with ECPay to expand touchpoints
BPI Direct BanKo, Inc., A Savings Bank, the microfinance arm of listed Bank of the Philippine Islands (BPI), has partnered with Electronic Commerce Payments...
Maya taps BillEase for BNPL service
MAYA GROUP has partnered with consumer finance app BillEase to make its buy now, pay later (BNPL) service available across its financial technology ecosystem.
BillEase’s...