Banks’ Real Estate Exposure Rises at End-2013
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—The real estate exposure (REE) of universal, commercial (U/KBs) and thrift banks (TBs) stood at PhP1.006
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BSP
Foreign Portfolio Investments Yield Net Inflows in April
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Transactions in April 2014 for registered foreign portfolio investments yielded net inflows of $324 million, an
Read MoreBanks’ Consumer Credit Continues to Expand
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Consumer loans (CLs) by universal, commercial (U/KBs) and thrift banks (TBs) stood at PhP721.54 billion at
Read More1Q Personal Remittances Reaches $6.1B
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Personal remittances from overseas Filipinos (OFs) rose by 6.9 percent year-on-year to $2.1 billion in March
Read MoreMB Approves Financial Consumer Protection Framework
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—The Monetary Board (MB) approved the adoption of the Financial Consumer Protection Framework of the Bangko
Read MoreYear-to-Date FDI Level Reaches $1.4B
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Foreign direct investments (FDI) continued to register net inflows amounting to $350 million in February 2014. However,
Read MoreMonetary Board Maintains Policy Rates
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—The Monetary Board decided to keep the BSP’s key policy rates at 3.50 percent for the
Read MoreEnd-April 2014 GIR Stands at $79.6B
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Preliminary data showed that the country’s gross international reserves (GIR) reached $79.61 billion as of end-April
Read MoreApril Inflation Reaches 4.1%
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Headline inflation increased to 4.1 percent year-on-year in April 2014 from 3.9 percent in March, and
Read MorePhilippine Financial System Registers Solid Performance in 2013
Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—The Philippine banking system has increased its resilience to adverse shocks by strengthening its capital position
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