• 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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  • 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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