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CIMB eyeing PH thrift bank

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After the collapse of a deal to take over Bank of Commerce, Malaysian banking giant CIMB is in talks to invest in Philippine Business Bank, a thrift bank led by the group of Zest-O founder Alfredo Yao.

Posted: July 30th, 2014 in Headlines | Read More »

BDO posted P11B net profit in first 6 months

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The country’s biggest lender Banco de Oro Unibank posted a net profit of P11.05 billion in the first semester, declining by 22 percent year-on-year but attaining close to half of its full-year goal.

Posted: July 29th, 2014 in Headlines | Read More »

PH banks’ 1st quarter profits slip

More banks reported a double-digit decline in first quarter net profits in line with an industry-wide trend of declining trading gains or even booking trading losses compared to the much more benign market environment early last year.

Posted: May 17th, 2014 in Headlines | Read More »

Fitch: PH banks stable enough to withstand shocks

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The local banking industry will continue to help stabilize the country’s booming economy in the coming year, despite the risk of lower profits and tighter monetary conditions.

Posted: December 17th, 2013 in Headlines | Read More »

BSP eyes hike in banks’ capital requirements

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The capitalization requirements for local banks may be increased to ensure the continued strength of the local financial sector, which has grown exponentially since the minimum was last revised.

Posted: October 11th, 2013 in Headlines | Read More »

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  • ‘Poe-Kiko’ tandem? Grace Poe goes LOL!
  • Palace says Aquino still believes in Abaya, problems in MRT ‘systemic’
  • Sports

  • Malacañang says Aquino looking forward to Gilas Pilipinas ‘excellent games’
  • Gabe Norwood puts on show in Fiba World Cup
  • Practicing for Japan
  • Football fan fined after ‘bending it like Beckham’
  • Pacquiao-Mayweather fight likely to happen in 2015, says Arum
  • Lifestyle

  • National immunization drive vs measles-rubella, polio launched
  • Dengue fever strikes models in Japan
  • Dethroned Myanmar beauty queen blasts pageant boss
  • Japanese researchers develop 30-minute Ebola test
  • Sharks off the menu and on the tourist trail in Palau
  • Entertainment

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  • PH film ‘Rekorder’ wins in South Korea
  • Eraserheads in mini reunion
  • Super Junior return as ‘real men’
  • Photo ‘hack’ on nude Jennifer Lawrence, Kate Upton, other stars probed
  • Business

  • Oil firms hike pump prices of fuel
  • Dollar, euro surge against yen in Asian trading
  • SM Prime raises P20B from retail bond issue
  • DoubleDragon takes over Skysuites property in QC
  • NGCP eyes cost recovery charge
  • Technology

  • ALS Ice Bucket Challenge arrives in North Korea
  • ‘Internet fasting’—returning to the real world
  • PH ranks 8th in Ice Bucket Challenge participation
  • Google tests using drones to deliver goods
  • DigiTech conference, Best of Anime to keep September busy
  • Opinion

  • Not worth the brag
  • ‘Hilaw’
  • Transition curve?
  • Should he inhibit?
  • Pitching in for inclusive growth
  • Global Nation

  • PCG men in Balintang shooting plead not guilty
  • After ‘great escape’ in Syria, PH commander escapes from Undof chief
  • Trial of PCG men for fatal shooting of Taiwan fisher starts
  • New Solcom chief calls for probe of UN commander
  • Beijing asks Manila to probe anti-China plot
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