Offering a lending hand to agribusiness: A DBP Q&A
THE Development Bank of the Philippines (DBP) has been designated as the government’s infrastructure financing bank. Since then, it saw a double-digit expansion in its loan portfolio, with outstanding credit standing at P250.59 billion as of the first half this year. Of that amount, around 33% (P82.88 billion) was lent to the infrastructure and logistics sector.
Financial markets outlook mixed for the rest of 2018
THE weaker-than-expected economic growth, coupled with persisting domestic inflation concerns and geopolitical tensions continue to send local financial markets on a spin in the July-September period, with local and foreign headwinds providing a mixed outlook on financial markets moving forward.
Bank stocks back on the menu after 3Q selloff
WITH THE LOCAL stock market showing signs of recovery, investors may consider bank stocks as banks gradually reprice their loan portfolios following the successive interest rate hikes from the central bank.
Instant loans ain’t cheap: The cost of convenience
PICTURE this: a family emergency crops up, and with it comes the urgent need for a few thousand pesos to save the day. Who do you run to?
Financial Inclusion: Work in Progress
THINKING of saving the monetary gifts her son gets — and will receive in the future — Lampell, 37, decided to open an account for her then six-month-old child, Nathan.
Going lite with branch-lites
IN its bid to boost financial inclusion, the central bank has allowed banks to set up dressed-down branches, which allow banks to design offices that would cater to low-income households as part of efforts to bring more Filipinos onto the formal banking system.
Financial market volatility to continue in Q3
RATTLING developments at home and abroad sent local financial markets on a downtrend in the second quarter, leading analysts to expect that this will carry over into the next three months.
Security with salary loans: A Security Bank Q&A
“YOU DESERVE BETTER.”
Outlook on bank stocks mixed amid Q2 letdown
MARKET volatility has sent shares of bank stocks tumbling in the second quarter as earnings fell below estimates.
Complement, not compete: Fintech and the road to a cash-lite Philippines
By Melissa Luz T. Lopez, Senior Reporter
For decades, banks have been the kings of the financial system.
And they remain dominant to this day.
After all,...
Blockchain and Bitcoins: More than a trading opportunity
By Mark T. Amoguis, Researcher
IMAGINE this: What if someone invented a currency that is free from any government scrutiny, that is accessible to all,...
ING Bank: Expanding presence in the PHL capital market since 1990
SINCE SETTING UP shop in 1990 as a representative office, ING Bank has always believed in the country’s growth potential. With the Philippine economy...