• Banks and Fintech cooperation growing in PH

    July 13, 2017

    British bank HSBC is backing up the potential growth of Fintech or financial technology companies in the Philippines as a supportive entity to the banking sector and should not be viewed as a threat at all, said its country officer. HSBC...

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  • PSE buys 23.8% BAP stake in PDS for P476.45 million

    June 16, 2017

    The Philippine Stock Exchange (PSE) has signed a new Share Purchase Agreement for the acquisition of the PDS Holdings Corporation stake of the Bankers Association of the Philippines (BAP), BAP Credit Bureau, certain member banks and other...

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  • Basel 3 implementation on track

    April 02, 2017

    THE Bangko Sentral ng Pilipinas (BSP) is broadly on track with adopting banking reforms under the Basel 3 framework, a senior central bank official said, but noted that the full implementation could be pushed back beyond 2019 as market players...

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