PHILIPPINE BANKS’ lending growth slowed to a near two-year low in January as outstanding loans continued to expand at a single-digit pace, preliminary central bank data showed.

The Philippines secured an $800-million loan from the World Bank to widen the country's adoption of renewable energy, bolster its electricity market and improve its water utility management. Image by ...

(percentage change on year earlier) Total loans with reverse repurchase (RRP) deals 13.6 12.4 8.9 10.3 9.1 10.2 Total loans net of RRP 12.3 11.0 8.9 9.0 8.4 9.8 Seasonally adjusted data (percentage ...

MANILA, Philippines — Bad loans accounted for a bigger slice of Philippine banks’ lending portfolios in January, a sign that some borrowers may have felt the squeeze after the holiday season’s typical ...

Philippine Veterans Bank (PVB) and the Armed Forces of the Philippines (AFP) have signed a partnership to provide ...

MANILA -- Grab, Southeast Asia's largest ride-hailing and food delivery platform, is charging annual effective interest rates of more than 230% on short-term in-app loans it provides in the ...

TALA Financing Philippines, Inc. expects to sustain strong loan growth this year as demand for unsecured lending remains robust among consumers facing rising living costs and weak income growth, its ...

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is considering changes to rules governing salary-based consumer loans, including the possible removal of the current loan tenor cap, in a ...

Financial technology firm Tala Financing Philippines Inc. is targeting to add around 1 million customers this year and grow ...