MANILA, Philippines - Bank lending growth remained steady in August on the back of strong demand from corporate and retail borrowers, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. BSP Governor Amando Tetangco Jr. said outstanding...
Read more
The Bangko Sentral ng Pilipinas and the Philippine banking sector - sustaining financial stability amid global volatility Speech by Mr Amando M Tetangco, Jr, Governor of Bangko Sentral ng Pilipinas (BSP, the central bank of the Philippines), at...
Read more
TOTAL bank deposits neared the P10-trillion mark as of end-August, data from the Bangko Sentral ng Pilipinas (BSP) showed, marking sustained growth in the local banking industry amid volatility in global financial markets. Philippine banks held...
Read more
Steady growth in assets and deposits boosted the banking sector’s third quarter net profits to P114.78 billion, up 16.68 percent from the same period last year of P98.7 billion. Data from the Bangko Sentral ng Pilipinas (BSP), updated this...
Read more