June 24, 2017, 8:08 am
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Banking And Finance

BDO Q1 net up 6%

April 24, 2017
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For the first quarter of 2017, the BDO Unibank, Inc. (BDO) delivered a net income of P5.8billion, up six percent year-on-year. 

EWB declares P500M cash divi

April 24, 2017
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East West Banking Corporation (EastWest), the country’s most consumer-focused universal bank, held its Annual Stockholders’ Meeting last week, and declared cash dividends amounting to P500 million or P0.33334 per share to stockholders.  The bank also declared cash dividends last year amounting to P400 million.  

Euro zone economy races into

April 24, 2017
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Signs the bloc is on a sustainable growth path, along with inflationary pressures, will be welcomed by the European Central Bank, which has struggled for years to achieve either, despite ultra-loose monetary policy. Consumer confidence is also improving.
 

Foreign investors have bigger

April 24, 2017
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LONDON - A surprise call for a UK election has barely ruffled feathers among foreign investors, who have pumped money back into British stocks after last year’s sterling slide following the Brexit referendum spurred a rush for the exits.

Think tank says PH banking se

April 17, 2017
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BMI expects asset quality across the Philippine banking sector “to remain broadly stable and low as corporate earnings and asset valuations typically correlate positively with strong economic growth.”

In the pursuit of sustainable

April 17, 2017
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Speech delivered at the MAP General Membership Meeting and First Economic Briefing for 2017 at Makati Shangri-la.
 

China tells lenders to come c

April 17, 2017
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SHANGHAI — China’s banking regulator has told lenders to conduct “self-inspections” in areas such as using loopholes to circumvent rules, in order to boost supervision of the vast shadow banking sector, according to documents seen by Reuters.

Consumer debt growth can’t ou

April 17, 2017
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US consumers are taking out debt at a far faster rate than their incomes or the economy are growing, and just as we may be hitting a peak in employment.

Citi tops global transaction b

April 17, 2017
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LONDON — Citi was the top bank last year in transaction banking, a segment comprising trade finance and cash management services, rankings compiled by industry analytics firm Coalition showed.
 

SAYS NOMURA ECONOMIST: Lower G

April 10, 2017
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BSP said the foreign exchange reserves remain ample since it is enough to cover 8.9 months’ worth of imports of goods and payments of services and primary income.  Nomura said the current level of GIR is far adequate since the international standard is about three to four months’ worth of imports.
 

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Front Page

Column of the Day

The hidden danger in Marawi

By JOSE BAYANI BAYLON | June 23,2017
‘What was supposed to be a simple police action has turned out to be the most serious military operation to date in the Duterte administration.’

Opinion of the Day

Metabolism: Why dieting fails

By DAHLI ASPILLERA | June 23, 2017
‘My doctor said that both hands lifting a gallon-size pail up to shoulder height daily can help my body’s fat-burning ability.’