The leaders of the Banking and Finance sector have pledged their support to the country’s data privacy laws by committing to comply with issuances of the country’s data privacy watchdog the National Privacy Commission (NPC).
BSP Governor Amando Tetangco, Jr. was conferred the 2016 Outstanding Achievement Award by FinanceAsia a Hong Kong-based publication that covers investment banking, capital markets, and strategic corporate finance in Asia Pacific.
LONDON- British household spending barely rose in the year to the end of March 2016 and was around 5 percent below the level before the financial crisis, an official survey showed on Thursday, suggesting a much more muted picture than previous
BEIJING - China’s central bank said on Friday it plans to tighten up its oversight in a range of areas including corporate debt and bank assets, as policymakers fret over fast-rising leverage and the risk of asset bubbles in the rapidly growing economy.
FRANKFURT/PARIS - Rock-bottom interest rates hurt more big European banks in 2016 than in the previous year, but the worst could soon be over with the prospect of rising borrowing costs rippling from the United States to Europe.
LONDON - The global economy has weathered the new U.S. administration’s sweeping challenges to the status quo with surprising aplomb given serious threats made to world trade, but what is not so clear is how much longer inflation will remain stubbornly low.
Preliminary data showed that the country’s gross international reserves (GIR) rose to $81.04 billion as of end-January 2017, Bangko Sentral ng Pilipinas (BSP) Officer-in-Charge Nestor A. Espenilla announced.
The Philippine Deposit Insurance Corporation (PDIC), through its Real & Other Properties Acquired (ROPA) Disposal Committee, is set to dispose on an “as-is, where-is” basis 69 assets consisting of 68 assets owned by various closed banks and an asset acquired by the Corporation via a public bidding to be conducted on February 28, 2017.
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