Friday, April 19, 2024
BDO profit down 1.5% in first half
The country’s largest lender BDO Unibank saw a 1.5-percent year-on-year dip in its first semester net profit to P13.1 billion...
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Ayala, Jack Ma firm launches purchase-by-scan system
Alibaba founder Jack Ma speaks at the CEO Summit, attended by 800 business leaders from around the region representing U.S....
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Official of shuttered Bicol bank jailed for P6.5-M in fake loans
A former director and officer of a shuttered rural bank in Camarines Sur was convicted for granting fake loans to...
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Philippine e-commerce to get boost from BSP’s eased digital payment rules
MANILA, Philippines — Digital commerce in the Philippines is expected to receive a major boost after the central bank released...
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More Filipinos open bank accounts as online shopping, payments boom
A third of Filipinos now hold bank accounts – allowing them to save money or make and receive payments, wages...
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S. Korea to receive applications for new internet bank in October
Yonhap via The Korea Herald/Asia News Network SEOUL — South Korea’s financial regulator said Tuesday it will receive applications in October for...
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Dominguez: DBP, Landbank execs’ reshuffle to ‘improve service to public’
MANILA, Philippines — The reshuffling of top officials at two government financial institutions was aimed at improving these lenders’ services,...
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BDO net profit flat at P13.3B in first semester
The country’s leading lender BDO Unibank chalked up P13.3 billion in net profit in the first six months, little changed...
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Sufficient buffers fortify stability of PH banking system
Bangko Sentral ng Pilipinas (File photo / Philippine Daily Inquirer) Amid banks’ sustained lending activities, the economy has sufficient buffers...
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BSP eases rules for financial institutions’ e-banking services
MANILA, Philippines – Financial institutions wanting to launch electronic payment services will no longer have to jump through hoops to...
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