Stubborn inflation, high borrowing cost dampened markets in Q3
HIGH INFLATION, expensive borrowing costs continued to affect local financial markets in the third quarter, signaling volatility to persist for the rest of the year.
Bank stocks thrive amid higher-for-longer policy rates
THE LISTED BANKS continued to flourish, fueled by higher interest rate level despite slowing loan growth in the third quarter, analysts said.
What’s next for digital banking in the country
DIGITAL BANKING in the Philippines is set to revolutionize the country’s financial sector as consumer demand rises, financial institutions adopt new technologies, and the government supports these advancements.
Should you take chances in buying a dream home?
Despite a slowing down economy reeling from stubbornly high inflation, are Filipinos ready to take a chance to buy their dream homes?
High inflation, rate hike pause, economic slowdowns sway markets in Q2
SOFTER global economic growth, high inflation, and the US Federal Reserve’s hawkish stance stirred the domestic financial markets in the second quarter.
Analysts remain bullish on banks
THE listed banks are seen to improve further for the rest of the year, bolstered by high interest rates that could pad their margins, even as their share prices disappointed in the second quarter, analysts said.
Crisis-proofing the Philippine banks
FOR THOSE who lived through the 2008 Global Financial Crisis, the fallout in the international banking scene dominated by the collapse of the Silicon Valley Bank (SVB) earlier this year felt like a déjà vu.
Learn to swipe: A Q&A with Credit Card Association of the Philippines
CREDIT CARDS have long been linked to negative thoughts by Filipinos after stories of getting stuck in debt and debt collectors knocking on your houses and calling you nonstop start to spread around. Not only that, the process of acquiring a credit card seems too far-fetched for an average Filipino that most do not even consider getting one assuming that they won’t be given a second thought by credit card companies.
How to properly use that plastic
APPLYING for a credit card is confusing but more questions come once you own one. Luckily, Ms. Salve I. Duplito, president and chief executive...
LANDBANK-DBP merger: Philippines’ boon or bane?
THE PROPOSED MERGER of the Land Bank of the Philippines (LANDBANK) and Development Bank of the Philippines (DBP) has once again come to light in the first quarter of 2023 despite time running out from previous administrations and differences in mandates.
Elevated inflation, rate hikes, bank collapse fears drag markets in Q1
STUBBORN INFLATION, costlier borrowing costs, and US banking sector collapse contagion dragged domestic financial markets in the first three months of the year.
Analysts optimistic on banks’ resiliency
THE COUNTRY’S listed banks remained resilient as the local economy flourished amid a high inflationary and high-interest rate environment in the first quarter of...