British bank HSBC is backing up the potential growth of Fintech or financial technology companies in the Philippines as a supportive entity to the banking sector and should not be viewed as a threat at all, said its country officer. HSBC...
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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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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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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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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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