Bankero

28/06/2024

The Philippines faces continued scrutiny by the Financial Action Task Force (FATF) due to ongoing concerns about its anti-money laundering (AML) and counter-terrorism financing (CFT) measures.

28/06/2024

Filipino consumer confidence has waned heading into the third quarter due to concerns over income stability, rising living costs, and job market uncertainties, according to the Bangko Sentral ng Pilipinas’ (BSP) latest Consumer Expectations Survey (CES).

28/06/2024

The Bangko Sentral ng Pilipinas (BSP) expects June inflation to range between 3.4% and 4.2%, driven mainly by rising prices of rice, vegetables, meat, and fish.

28/06/2024

The Bangko Sentral ng Pilipinas (BSP) reported a subdued influx of foreign portfolio investments, or hot money, totaling $42.86 million in May, down from April's $312.18 million.

28/06/2024

Asia United Bank (AUB), led by Rubisco owner Jacinto Ng, is now focusing on becoming the preferred digital banking partner.

28/06/2024

Filipinos are ditching cash at a rapid pace, with real-time payments surging 24% in 2023 to reach 777 million transactions, according to a report by ACI Worldwide.

27/06/2024

BSP Governor Eli M. Remolona Jr. has minimized concerns over the peso's depreciation, emphasizing its limited impact on inflation moving forward.

27/06/2024

The Bangko Sentral ng Pilipinas (BSP) has kept its benchmark interest rate at 6.5 percent during its June 27 policy meeting, citing a reevaluation of inflation risks that now suggest a trend towards moderation in 2024.

27/06/2024

Philippine banks' grip on trust assets tightened in the first quarter, with total value holding steady at P3.955 trillion

Philippine banks' grip on trust assets tightened in the first quarter, with total value holding steady at P3.955 trillion

26/06/2024

The Land Bank of the Philippines (Landbank) is investing P120 million in the future of Tuburan's agriculture.

26/06/2024

BDO Unibank is utilizing Facebook to better communicate advisories, updates and tips to clients.

BDO Unibank is utilizing Facebook to better communicate advisories, updates and tips to clients.

25/06/2024

Philippine banks experienced a downturn in profitability ratios in the first quarter compared to the same period in 2023, despite sustained income growth and manageable non-performing loans.

25/06/2024

MUFG Bank, Ltd., part of the Mitsubishi UFJ Financial Group, Inc. (MUFG) and Security Bank Corporation (PSE:SECB), gathered more than 150 business leaders, policymakers, industry experts, and partners to its inaugural sustainability conference in the Philippines at Makati Shangri-La on June 19, 2024.

Makati City, Philippines – MUFG Bank, Ltd., part of the Mitsubishi UFJ Financial Group, Inc. (MUFG) and Security Bank Corporation (PSE:SECB), gathered more than 150 business leaders, policymakers, industry experts, and partners to its inaugural sustainability conference in the Philippines at Makat...

25/06/2024

BDO Unibank has set the record straight about an overseas Filipino worker’s viral gripe about his account being wiped out without his knowledge.

BDO Unibank has set the record straight about an overseas Filipino worker’s viral gripe about his account being wiped out without his knowledge.

24/06/2024

A recent social media uproar alleging unauthorized withdrawals from a BDO Unibank account has been clarified by the bank, revealing the transactions were legitimate.

In a now-deleted Facebook post, Gleen Canete lamented the disappearance of P345,000 earmarked for his son's college tuition, despite only having a passbook.

A recent social media uproar alleging unauthorized withdrawals from a BDO Unibank account has been clarified by the bank, revealing the transactions were legitimate.

24/06/2024

The Philippines has shown marked progress in managing its external debt, significantly reducing its debt service burden, according to data from the Bangko Sentral ng Pilipinas (BSP).

23/06/2024

The Bangko Sentral ng Pilipinas (BSP) is clamping down on financial crimes with stricter beneficial ownership (BO) due diligence regulations, aiming to bolster the country’s fight against money laundering and terror financing.

The Bangko Sentral ng Pilipinas (BSP) is clamping down on financial crimes with stricter beneficial ownership (BO) due diligence regulations, aiming to bolster the country’s fight against money laundering and terror financing.

23/06/2024

Philippine banks' foreign exchange (FX) position was manageable at the end of 2023, according to the Bangko Sentral ng Pilipinas (BSP).

Philippine banks' foreign exchange (FX) position was manageable at the end of 2023, according to the Bangko Sentral ng Pilipinas (BSP).

23/06/2024

Online bank GoTyme will start charging fees for over-the-counter deposits to bank accounts.

Online bank GoTyme will start charging fees for over-the-counter deposits to bank accounts.

22/06/2024

The Bangko Sentral ng Pilipinas' (BSP) Monetary Board is expected to keep policy rates unchanged during its meeting next week, according to an economist.

22/06/2024

The Bank of the Philippine Islands (BPI) is urging clients to embrace sustainability even in conducting financial transactions.

21/06/2024

Beginning this month, the Social Security System (SSS) is mandating that housing loan borrowers furnish a payment reference number (PRN) for their loan repayments.

21/06/2024

Excitement, in a slightly negative way, stained the otherwise boring financial markets as the news of Vice President Sara Duterte’s leaving the official family of President Marcos’ administration reverberated throughout the country.

21/06/2024

The Bangko Sentral ng Pilipinas (BSP) has decided to extend the live implementation of its International Transactions Reporting System (ITRS) until June 2025.

The Bangko Sentral ng Pilipinas (BSP) has decided to extend the live implementation of its International Transactions Reporting System (ITRS) until June 2025.

20/06/2024

PLDT Global Corp., the international arm of the Philippines' leading telecommunications and digital services provider, has rolled out several initiatives to support Filipinos in Hong Kong.

PLDT Global Corp., the international arm of the Philippines' leading telecommunications and digital services provider, has rolled out several initiatives to support Filipinos in Hong Kong.

20/06/2024

Chinabank chairman Hans T. Sy led the bell-ringing ceremony at the Philippine Stock Exchange (PSE) on Wednesday to mark the start of trading under the bank's new stock symbol, “CBC.”

Chinabank chairman Hans T. Sy led the bell-ringing ceremony at the Philippine Stock Exchange (PSE) on Wednesday to mark the start of trading under the bank's new stock symbol, “CBC.”

19/06/2024

EastWest Bank is making it easier for homeowners to shift to a cheaper source of power through solar panels.

19/06/2024

The Bureau of the Treasury (BTr) opted to partially award its reissued 20-year treasury bonds, securing an average rate of 6.781 percent.

The Bureau of the Treasury (BTr) opted to partially award its reissued 20-year treasury bonds, securing an average rate of 6.781 percent.

19/06/2024

Security Bank Corporation (PSE:SECB), one of the country’s best capitalized private domestic universal banks, is entering its 73rd year with robust initiatives to strengthen its BetterBanking experience.

June 18, 2024, Makati City, Philippines – Security Bank Corporation (PSE:SECB), one of the country’s best capitalized private domestic universal banks, is entering its 73rd year with robust initiatives to strengthen its BetterBanking experience.

18/06/2024

The hacking incident targeting a third-party service provider for Maxicare Healthcare Philippines on June 13 has exposed data from over 1,000 companies.