Philippine banking system strong enough to withstand US financial woes, says BAP

The Bankers Association of the Philippines (BAP) has assured the public that the recent developments in the US financial system will not have any significant impact on Philippine banks.
China Bank beefing up consumer banking business, new head appointed

China Banking Corporation owned by the family of the late retail and banking magnate Henry Sy is strengthening its consumer lending business with the appointment of a new head.