Finance

The central bank reduced the volume of the weekly term deposit facility (TDF) auction, but financial institutions remained cautious toward...

MANILA, Philippines—Philippine bank lending contracted for the eighth consecutive month in July as borrowers and lenders continued to shy away...

The Bangko Sentral ng Pilipinas on Tuesday said that liquidity in the local financial system had declined in recent weeks,...

MANILA, Philippines – The Ty family-led Metropolitan Bank & Trust Co. grew its net profit in the third quarter by...

The group of tycoon Lucio Tan is willing to cede up to 25 percent of Philippine National Bank to a...

Financial institutions yesterday swamped the central bank’s liquidity management facility, tendering over twice the amount on offer for the first...

Ty family-led Metropolitan Bank & Trust Co. has completed a P60-billion capital hike through the sale of shares to existing...

The chair of the House committee on banks and financial intermediaries on Friday called a congressional investigation into an “alarming”...

Financial institutions shied away from the central bank’s short term borrowing window on Wednesday with many betting they get better returns on...

MANILA, Philippines – The state-run Land Bank of the Philippines is eyeing to acquire a 49-percent stake in Philippine Dealing...