Articles

  • 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...

    Read more
  • Banks open to other properties as collateral for MSME loans

    February 27, 2017

    MANILA, Philippines – Banks and other financial institutions are open to a proposal allowing micro, small and medium enterprises (MSMEs) to use other properties as collateral for loans, aside from land and other immovable assets, Sen. Paolo...

    Read more
  • BSP to initiate talks with asean banking integration

    February 27, 2017

    The Bangko Sentral ng Pilipinas (BSP) will initiate talks with the central banks of Thailand and Indonesia on bilateral agreements allowing Qualified Asean Banks (QAB) to operate subsidiaries in each other’s markets. “I am pleased to report...

    Read more