November 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 More
BSP
Business 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,
Read MoreBanks’ Consumer Lending Continues to Grow
Manila—(PHStocks)—Universal, commercial (U/KBs) and thrift banks (TBs) reported PhP959.2 billion in consumer loans (CLs) for end-June this year. The figure is
Read MoreDomestic Liquidity Continues to Expand in September
Manila—(PHStocks)—Preliminary data from the Bangko Sentral ng Pilipinas (BSP) show that domestic liquidity (M3) grew by 8.5% year-on-year in September
Read MoreBank Lending Continues to Grow
Manila—(PHStocks)—Growth of outstanding loans of commercial banks, net of reverse repurchase (RRP) placements with the Bangko Sentral ng Pilipinas (BSP),
Read More