February 20, 2017, 2:13 pm
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Banking And Finance

PH improves 12 notches in Glo

February 20, 2017
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The Philippines improved 12 notches to 58th place in 2017 from 70th in 2016 in economic freedom, based on the Heritage Foundation’s 2017 Index of Economic Freedom released in Washington, D.C.

Banking industry supports PH D

February 20, 2017
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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). 

Outstanding achievement

February 20, 2017
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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. 

Family spending data raises q

February 20, 2017
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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

China CB to tighten oversight

February 20, 2017
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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.

Struggling banks see light at

February 20, 2017
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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.

Watch out for rising global in

February 13, 2017
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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.

FDI up 59%

February 13, 2017
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Foreign direct investments (FDI) recorded net inflows of $756 million in November 2016, higher by 59.4 percent than the $474 million posted in the same period in 2015.

GIR rises to $81B

February 13, 2017
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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.

PDIC to sell 69 assets

February 13, 2017
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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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Front Page

Column of the Day

Trillanes to Duterte: Sign waiver of bank secrecy law addressed to BPI

By ELLEN TORDESILLAS | February 20,2017
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‘Trillanes did not fall into the trap of Duterte diverting the issue with his personal insults to him.’

Opinion of the Day

More on the DeLima-Trillanes team

By DAHLI ASPILLERA | February 20, 2017
439 View(s) 0 Comment(s)
‘Sen. Trillanes to President Duterte: “Disclose your bank account deposits!’