• 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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  • Philippines starts opening bank sector to Asean peers

    March 22, 2017

    MANILA, Philippines - The Philippines is set to sign agreements with two more countries as early as next month to open up the banking industry aimed at greater financial integration and economic development among members of the Association of...

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  • More foreign banks beneficial to Phl – Fitch

    March 01, 2017

    MANILA, Philippines - Fitch Ratings said the entry of more foreign banks into the country will help support the growing trade and investment needs of the Philippines. “We believe the entry of well-managed foreign banks expands the system’s...

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