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Banks’ bad loans hit record low, says BSP

Major local banks kept soured loans at record lows in April despite the sustained growth for financing fueled by the country’s growing economy, data released by the Bangko Sentral ng Pilipinas (BSP) showed.

Posted: July 15th, 2014 in Headlines | Read More »

Bank directorship rules eased

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Requirements for aspiring bank directors have been relaxed to allow prominent figures to skip routine corporate governance workshops before their appointments, regulators announced this week.

Posted: July 8th, 2014 in Headlines | Read More »

BSP sets more stringent rules on bank lending

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Banks may soon be under more pressure to rein in lending to property firms following the approval of new stringent guidelines on real estate loans.

Posted: July 4th, 2014 in Headlines | Read More »

Banks seen to improve as BSP eases rules

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Consumers may expect better banking services following the lifting of restrictions on the establishment of new branches in Metro Manila.

Posted: July 2nd, 2014 in Headlines | Read More »

New stress tests ordered for banks

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Talks of a real estate bubble forming in the country have once again been dismissed, but this hasn’t stopped regulators from brandishing a giant pin meant to pop the balloon and stop prices from inflating beyond safe levels.

Posted: June 13th, 2014 in Headlines | Read More »

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  • Opinion

  • Editorial cartoon, July 24, 2014
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  • Global Nation

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