spot_img
29.1 C
Philippines
Saturday, April 27, 2024

Banking & Finance

Peso rebounds to 57.71 a dollar

The Philippine peso slightly rebounded to 57.71 against the US dollar Friday from a 17-month low of 57.78 Thursday on increased trading volume. Data from the Bankers Association of the Philippines (BAP) showed that trading reached nearly $1.7 billion Friday, up from $1.4 billion the day before. The peso is among the regional currencies that depreciated against the dollar in recent weeks amid the tension in the Middle East and the...

PDIC appoints new independent directors

Philippine Deposit Insurance Corp. (PDIC) chairperson and Bangko Sentral ng Pilipinas (BSP)...

SteelAsia borrows P8.3b from GSIS, banks

SteelAsia Manufacturing Corp., one of the world’s largest reinforced bar manufacturers, said...

Banks’ lending standards unchanged in first quarter

Lending standards for corporate and household borrowers remained unchanged in the first...

LATEST Banking & Finance

LATEST

PH crypto traders move funds from Binance to other apps

Several cryptocurrency traders have transferred their funds from Binance to other apps following the Securities on Exchange Commission’s crackdown on unregistered exchanges, according to...

Sun Life Grepa registers 17% growth in total premium income

Sun Life Grepa Financial Inc., a joint venture between Sun Life Philippines and the Yuchengco Group of Companies, said it posted a 17-percent growth...

PDIC selling 101 real properties

State-run Philippine Deposit Insurance Corp. (PDIC) said it will sell 101 real properties through electronic public bidding. It would sell on an “as-is, where-is” basis...

GCash wins ‘company  of the year’ award

GCash, the Philippines’ top finance app and largest cashless ecosystem, received the Company of the Year Award for the Philippines’ financial technology industry from...

PRINT EDITION

ADVERTISEMENT

spot_img