July 23, 2018, 3:58 am
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Banking And Finance

BMAP reminds public to claim

June 11, 2018
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The Bank Marketing Association of the Philippines (BMAP) reminds the banking public in relation to the EMV-chip migration. Banks have produced the EMV cards and have intensified communication efforts through various channels to notify their clients on the claim dates and process. Bank clients are encouraged to visit their branch of account to claim their EMV-enabled card because magnetic stripe cards will be deactivated in due time.
 

S&P lifts rating of PH ban

June 11, 2018
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Standard & Poor’s Global Ratings (S&P) has upgraded the Philippine banking system’s rating by a notch, citing favorable economic environment that is supportive of growth of banks, sound regulations, and improving industry fundamentals and trends. 
 

Business confidence is steady

June 04, 2018
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Business optimism on the economy was steady for the second quarter, with the overall confidence index (CI) declining slightly to 39.3 percent from 39.5 percent for the previous quarter. 
 

Security Bank gets S&P upg

June 04, 2018
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S&P Global Ratings (S&P) recently upgraded its credit rating on Security Bank to investment grade rating of BBB- (Stable outlook) from BB+ (Positive outlook). 
 

AUB declares cash dividends

June 04, 2018
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Asia United Bank (AUB), one of the country’s fastest-growing publicly listed universal banks,  yesterday announced it will pay a total of P776 million in cash dividends.
 

BPI-Philam remains top Bancas

June 04, 2018
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Bancassurance firm BPI-Philam Life Assurance Corp. continued to outpace its financial performance from previous years according to recent data released by the Insurance Commission.
 

Domestic liquidity expands

June 04, 2018
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Preliminary data show that domestic liquidity (M3) grew by 14.2 percent year-on-year to about ₱10.9 trillion in April 2018, slightly slower than the 14.4-percent expansion in the previous month. On a month-on-month seasonally-adjusted basis, M3 increased by 1.0 percent.
 

Bank lending rises

June 04, 2018
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Preliminary data show that outstanding loans of commercial banks, net of reverse repurchase (RRP) placements with the BSP, increased at a faster rate of 19.9 percent in April from 18.5 percent (revised) in March. 
 

Global trade skirmish puts fa

June 04, 2018
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LONDON/BEIJING- Factory growth in major manufacturing hubs showed signs of cooling last month as companies braced for potential damage from rising global trade tensions while also grappling with accelerating inflation and a strong dollar.
 

Fed’s Williams says rates may

June 04, 2018
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SAN FRANCISCO- The Federal Reserve should continue to raise rates gradually over the next two years, a US central banker said, with higher borrowing costs perhaps beginning to act as a brake on growth starting early next year.
 

Pages

Front Page

Column of the Day

Towards a leaner government

Jose Bayani Baylon's picture
By JOSE BAYANI BAYLON | July 23,2018
‘The more citizens get involved reading and discussing drafts of a new Constitution for the Philippines, and the more drafts are presented, the better the future of the Republic will be!’

Opinion of the Day

Again, on solid waste management

Dahli Aspillera's picture
By DAHLI ASPILLERA | July 23, 2018
“The sea sent back the trash from land as if to remind everyone, rich and poor, that whatever we improperly dispose of, will return and haunt us.”