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October 01, 2023

PNB prexy meets Japanese Embassy officials

Philippine National Bank president and CEO Wick Veloso met with officials of the Embassy of Japan in Manila during a courtesy visit.

The bankero and his visitors talked about the opening up of the economy and Japanese investments and official development assistance (ODA) into the Philippines.

The discussions focused on challenges and opportunities as the Philippine economy is recovering and is opening up to more activity.

Veloso’s visitors included Minister for Economic Affairs Masahiro Nakata and Financial Attaché Kotaro Yamaguchi.


BSP disqualifies unregistered money service business

The Bangko Sentral ng Pilipinas (BSP) has disqualified Riyben Foreign Exchange for operating an unregistered money service business, part of BSP’s ongoing efforts to curb unauthorized MSBs, following similar actions taken against six other firms earlier this year.

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