Banks’ Consumer Loans Sustain Increase
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Consumer loans (CLs) by universal, commercial (U/KBs) and thrift banks (TBs) reached PhP803.3 billion at the
Read More
BSP
OFW Remittances Up 7.2% in August
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Personal remittances from overseas Filipinos (OFs) continued to rise in August 2014, posting 7.2 percent growth
Read MoreFDIs Continue to Post Net Inflows in July
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Foreign direct investments (FDI) continued to post net inflows for the 13th consecutive month in July
Read MoreBSP, Bank of Japan Ink Bilateral Swap
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—The Bank of Japan, acting as the agent for the Minister of Finance of Japan, and
Read MoreAMRO Agreement Signed
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—The Governments of the ASEAN+3 member countries and Hong Kong Special Administrative Region signed the ASEAN+3
Read More2Q Debt Indicators Remain at Comfortable Levels
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. announced that outstanding Philippine external debt approved/registered by the BSP
Read MoreRemittances Up 7.1% in July
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Personal remittances from overseas Filipinos (OFs) rose by 7.1 percent year-on-year to $2.3 billion in July
Read MoreTraders’ Confidence in PH Economy Shaken
Businesses’ confidence in the Philippine economy fell to its lowest since 2011 due to concerns over port congestion in Manila,
Read MoreLocal Banks Begin Raising Loan Rates
Recent monetary policy moves are having their desired effect on the economy, with banks slowly but steadily becoming less aggressive
Read MoreBanks’ Consumer Loans Continue to Grow
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Consumer loans (CLs) by universal, commercial (U/KBs) and thrift banks (TBs) stood at Php 735.1 billion
Read More