OFW remittances hit 11-month low in April

The amount of money sent home by Filipino expats abroad grew at its fastest pace in five months but booked its lowest level in 11 months for April, according to the Bangko Sentral ng Pilipinas (BSP).

Think tank wants Binance banned in the Philippines

Public policy think tank Infrawatch PH is asking the Bangko Sentral ng Pilipinas (BSP) to ban cryptocurrency exchange giant Binance for operating in the Philippines without any license from the government.

PDIC to bid out 49 agri lots on July 15

A total of 49 agricultural lots owned by state-run Philippine Deposit Insurance Corp. (PDIC) and closed banks under its liquidation, are up for electronic public bidding (e-bidding) on July 15.

BPI dangles best deals for auto, housing loans

Bank of the Philippine Islands (BPI) headed by bankero TG Limcaoco is holding its Best Deals Fest offering exclusive and affordable financial products for the dream card and home of its clients.

Metrobank prexy re-elected as BancNet president

Bankero Fabian Dee of Metropolitan Bank & Trust (Metrobank) has been re-elected as president of lead electronic banking consortium BancNet, while bankero Nestor Tan of BDO Unibank Inc. was given a fresh mandate as chairman of the Board of Directors.