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 ...
MANILA, Philippines – Philippine regulators may want to consider setting sector-specific loan limits for consumer borrowers, regional surveillance group Amro said, a proposal aimed at mitigating risks ...
(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, March 13 (Xinhua) -- The World Bank on Friday announced the approval of an 800-million-U.S.-dollar loan to help the Philippines strengthen its fiscal resilience, attract higher-quality private ...
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 ...