Limcaoco gets superstar treatment from employees
Bank of the Philippine Islands president and CEO TG Limcaoco is a superstar and stunner with employees, with them calling the phenomenon “TG Fever”.
BSP says OFW remittances remain resilient amid uncertainties
Remittances from overseas Filipinos workers (OFWs) have contributed to meeting the foreign exchange requirements of the Philippine even as external demand was weighed down by the COVID-19 pandemic, according to Bangko Sentral ng Pilipinas Governor Benjamin E. Diokno.
BSP increases investments in green bonds
The Bangko Sentral ng Pilipinas (BSP) continues to work towards incorporating sustainability principles into its reserve management framework after total investments in green bonds reached more than $550 million.
Business confidence drops in Q1 due to Omicron wave
Businesses turned less optimistic in the first quarter of the year due to the resurgence of COVID-19 cases caused by the more contagious Omicron variant resulting to the reimposition of strict quarantine and lockdown measures.
Residential real estate prices sustain growth in Q4 2021
Demand for all types of new housing in the country continued to rise in the final quarter of 2021, particularly for condominium units and townhouses, the Bangko Sentral ng Pilipinas (BSP) said on Friday.
Diokno is at it again
For the nth time, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said the policy-setting Monetary Board (MB) is prepared to cut the banks’ deposit reserves as part of the commitment to bring the ratio down to single digit.
Key rural bank officials formally charged at the DOJ
Department of Justice (DOJ) officials in Cagayan de Oro City have formally charged the former chairman and other key officials of the shuttered Philippine Farmers Bank Inc. (PFBI) for allegedly defrauding the lender of millions of pesos in resources.