PHILIPPINE BANKS’ asset quality worsened as the industry’s gross nonperforming loan (NPL) ratio rose in January, according to data from the Bangko Sentral ng Pilipinas (BSP). Preliminary data from the ...

The Philippines’ financial system resources grew to ₱33.66 trillion as of end-January 2025, driven by the central bank’s ...

State-owned Philippine Guarantee Corporation (PHILGUARANTEE) and the Rizal Microbank, Inc. – A Thrift Bank of RCBC forged a partnership ... cover of a portion of the outstanding principal of the loan, ...

THE TOTAL RESOURCES of the Philippine financial system rose by 7.9% as of January, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.

MANILA, Philippines — Rizal Commercial Banking ... P42.5 billion from P33.6 billion. The listed bank attributed the increase to a 14-percent growth in loan volumes and better yields, as consumer ...

The Philippines stands at a critical juncture. As one of the world’s most climate-vulnerable nations, we face annual economic ...

Rizal Commercial Banking Corp. (RCBC ... Arlene Borja, CFO Executive Director, highlights the bank’s commitment to financial inclusion beyond Philippine borders. Demonstrating strong support ...

THE Philippines’s balance of payments position swung back to a surplus in February, the highest in five months, but ...

BANKS’ reserve requirement ratio (RRR) will be further reduced, the Bangko Sentral ng Pilipinas (BSP) said.In a statement Friday, Feb. 21, 2025, the central ban ...

“The BSP reiterates its long-run goal of enabling banks to channel their funds more effectively toward productive loans and investments,” the central bank said. The increase in loanable funds ...

BANK lending hit a two-year high in January even as money supply growth eased, the Bangko Sentral ng Pilipinas (BSP) reported late Thursday. The outstanding loans of universal and commercial banks, ...