BSP Jan. inflation view exceeds expectations — ING
ING Bank N.V. said the central bank’s “surprisingly high” 3.5-4% inflation estimate has raised expectations that monetary authorities may tighten policy as early as...
Peso strengthens on profit-taking, remittances
THE peso recovered against the dollar on profit-taking, closing at its high with the US unit’s value taking a hit from surging remittances.
The peso...
RRR cuts not policy shift – BSP
By Melissa Luz T. Lopez,
Senior Reporter
PLANS to reduce bank reserves should not be taken as a shift in monetary policy, the Bangko Sentral ng...
Metrobank posts higher core income on loans, deposits
METROPOLITAN BANK & Trust Co. (Metrobank) posted higher income on a core basis in 2017 on the back of robust growth in its loans...
Peso drops anew against dollar
THE PESO plunged against the dollar on Thursday as the US currency strengthened on the back of the hawkish stance from the US Federal Reserve (Fed).
The...
Toward a sustainable future
J. Albert Gamboa
The Financial Executives Institute of the Philippines (FINEX) kicked off its 50th anniversary celebration with a Golden Jubilee gala night last Jan. 15 at...
BSP to offer 28-day deposits anew next week amid liquidity
By Melissa Luz T. Lopez,
Senior Reporter
THE CENTRAL BANK will revive month-long term deposits this month, as overwhelming demand for the seven-day tenor continued to...
Robinsons Bank sets P730-M capex plan
By Karl Angelo N. Vidal
ROBINSONS BANK Corp. is allotting P730 million for capital expenditures (capex) this year to fund its digital initiatives, branch expansion...
Peso strengthens as Trump remarks hit dollar
THE PESO regained strength against the dollar on Wednesday, following the three-day decline, as President Donald J. Trump’s protectionist remarks in his first State...
Financial technology start-ups parade in Paris in hopes of luring bank deals
THE fintech dating game is on in Paris.
Entrepreneurs in Europe’s financial-technology sector are pushing low-cost payments solutions to steal market share from banks, hoping...
BoJ dispels stimulus exit speculations
OITA/TOKYO, JAPAN — The Bank of Japan (BoJ) ramped up efforts to dispel market speculation of an early withdrawal of its massive stimulus, boosting...
Traders eye RBI for support as India bond rout worsens
TRADERS in India’s battered bond market want the central bank to play the role of a savior.
With the market reeling under the worst sell-off...