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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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  • 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...

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