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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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  • Makati building ready for use in 2011 but more floors added, increasing costs — Bondal
  • Storm ‘Mario’ spawns floods in Virac, Catanduanes
  • Arrest warrant out for gunman in killing of Davao Norte radioman
  • 5 arrested in Laguna farm for murder of Pangasinan mayor
  • DBM’s DAP list sanitized? Prove it – Palace
  • Sports

  • North Korean reporters using fax to file stories
  • Lions trounce Pirates, nail Final 4 berth
  • Ateneo’s Ravena, NU’s Bernardino bag MVP awards
  • More FEU questions on ‘protest’
  • Unbeaten US boxer joins Pacquiao camp
  • Lifestyle

  • Coca-Cola shares the happiest way of saying thank you
  • Love for books + learning = way to fight poverty
  • American-style hot dogs in Filipino flavors–and inside a casino
  • Amy Besa and Romy Dorotan’s pinipig cookies
  • ‘Better, simpler, cheaper’–hypermarket gets a reboot
  • Entertainment

  • ‘Emotional’ Deniece Cornejo to stay in PH, finish her trial — Topacio
  • Deniece Cornejo freed on bail
  • Derek Ramsay’s estranged wife claims he beat her up and raped her
  • CNBLUE is back in Manila, wants to try Jollibee
  • Who’s this actress-TV host who interfered with Vhong Navarro’s case?
  • Business

  • BSP closes rural bank in Southern Leyte
  • BPI, Japan’s Century Tokyo Leasing seal joint venture in leasing, financing
  • Aquino: PH enjoying ‘renaissance’
  • Aquino told: Why not ‘globalize’ peso?
  • India, China leaders to discuss trade, investment
  • Technology

  • Amazon unveils new Fire tablets and Kindle e-readers
  • Drag queens dress down Facebook over names
  • Are journalists equipped with the right skills?
  • Number of websites explodes past a billion (and counting)
  • New Apple mobile software arrives Wednesday
  • Opinion

  • Editorial cartoon, September 18, 2014
  • Out of the shadows
  • National need must dominate
  • Ambivalence
  • Proponents of GM rice ignore the risks
  • Global Nation

  • Liberian has been NAIA’s ‘Terminal Man’ for 112 days now
  • DFA downplays ‘quasi-rogue’ tag on PH, focuses on lifting China travel ban
  • DFA lowers alert levels for Israel, Palestine
  • Palace: Only chartered flights from China canceled
  • All For Patricia band is rocking Fil-Am watering holes in SF Bay Area
  • Marketplace
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