Banking & Finance
Banking & Finance
Years of forex market calm sends FX to the wall
LONDON- The Chinese yuan’s tumble is stirring hopes of a long-awaited volatility boost for forex markets but any rise will be too late for...
Banking & Finance
Bank lending rises in July
Preliminary data show that outstanding loans of universal and commercial banks, net of reverse repurchase (RRP) placements with the BSP, grew at a faster...
Banking & Finance
M3 continues to expand
Preliminary data show that domestic liquidity (M3) grew by 6.7 percent year-on-year to about P11.9 trillion in July 2019, slightly faster than the 6.4-percent...
Banking & Finance
DBP-extends P1B term loan to hydroelectric plant
The Development Bank of the Philippines (DBP) is extending a P1.1-billion term loan to Liangan Power Corporation (LPC) for the construction of its 11.9MW...
Banking & Finance
TRB: a growth partner of Philippine SMEs
TANAY Rural Bank (TRB) continues to deepen its focus in the SME sector with another milestone month of loan disbursements. “TRB continues to challenge...
