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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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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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...
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