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Archives

BSP introduces preferential rate for MSME loans

MANILA — The Monetary Board (MB), the policy-making body of the Bangko Sentral ng Pilipinas’ (BSP), has approved a lower …

DBS sees BSP rate hike before end ’17

MANILA— Multinational banking institution DBS forecasts a hike in the Bangko Sentral ng Pilipinas’ (BSP) key rates before end-2017 partly …

TDF rates up this week

MANILA— Rates of the Bangko Sentral ng Pilipinas’ (BSP) Term Deposit Facility (TDF) rose Thursday, with banks exceeding the offering …

Mechanisms in place vs erring execs; investments still intact: SSS

MANILA— The Social Security System (SSS) on Wednesday assured its members that the pension fund has institutionalized mechanisms to address …

Dominguez cites value of using gov’t funds for infra projects

MANILA – The public-private partnership (PPP) mode of building infrastructure is to the detriment of the public because of the …

PH to present add’l projects for Korean funding

MANILA— The Philippine government will propose additional projects for funding by Korean development assistance. “We are scheduled to have a …

BDO urges account holders to get EMV-chip cards

MANILA— Sy-led Banco de Oro Unibank Inc. (BDO) is urging its account holders to apply for their EMV-chip powered debit …

PSEi finishes week up; peso stays flat vs. USD

MANILA – – The Philippine Stock Exchange index (PSEi) gained Friday while the peso finished the week little changed against …

BSP excludes MFI-guaranteed loans from cap on banks’ loans

MANILA  – – Banks have been given extra leeway to increase financing of high priority projects following the latest Bangko …

PNB raises P6.35-B long-term fund

MANILA – – The Philippine National Bank (PNB) was able to raise PHP6.35 billion from the issuance of its 5.5-year …

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