BSP Further Relaxes Rules on Documentation of Foreign Loans and Other Obligations
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—BSP Governor Amando M. Tetangco Jr. has announced that the Monetary Board has lifted the prohibition
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Bangko Sentral ng Pilipinas
BSP Adopts Basel 3 Liquidity Rule
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—The Monetary Board has approved the Liquidity Coverage Ratio (LCR) framework aimed at strengthening the liquidity
Read MoreChina Bank Savings Receives Capital Infusion
Makati—(PHStocks)—China Banking Corp.‘s (PSE: CHIB) Executive Committee has approved the bank’s capital infusion of PhP2 billion to China Bank Savings
Read MoreNovember Inflation Rises to 1.1%
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Headline inflation increased to 1.1 percent year-on-year in November from 0.4 percent in October, and was
Read MoreBusiness Confidence for 4Q Up on Strong Domestic Demand
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Business outlook on the economy turned more upbeat for Q4 2015, with the overall confidence index
Read MoreEnd-November 2015 GIR Level Reaches $80.57B
Manila—(PHStocks)—Preliminary data showed that the country’s gross international reserves (GIR) stood at $80.57 billion as of end-November 2015, Bangko Sentral
Read MoreNPL Ratio Remains Low Amid Loan Growth
Manila—(PHStocks)—The ratio between the gross non-performing loans (NPLs) of universal and commercial banks (U/KBs) and their total loan portfolio (TLP)
Read MoreBanks’ CAR Improves in 2Q
Manila—(PHStocks)—Universal and commercial banks (U/KBs) posted capital adequacy ratios (CARs) of 15.48 percent and 16.42 percent on solo and consolidated
Read MorePersonal Remittances Up 4% to $2.4B in September
Manila–(PHStocks)–Personal remittances from overseas Filipinos (OFs) rose by 4.3 percent year-on-year to reach $2.4 billion in September 2015, according to
Read MorePhilippine Financial System Maintains Positive Performance in 1H 2015
Manila—(PHStocks)—The Philippine financial system, supported by the strong performance of the banking system which accounted for more than 80.8% thereof,
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