ONB sale sets valuation standards
By
Ted P. Torres
| February 24, 2015 - 12:00am
The acquisition by mega bank BDO Unibank Inc. (BDO) of the country’s largest rural bank has opened opportunities for further mergers and acquisitions (M&As) or consolidation of the Philippine rural banking...
Banking
Early shift to EMV chip technology seen
By
Kathleen A. Martin
| January 27, 2015 - 12:00am
The shift to EMV (Europay, MasterCard, Visa) chip cards may happen earlier than 2017, the Bangko Sentral ng Pilipinas said, as more local banks move to protect their systems and consumers from fraud.
Business
New BSP capitalization rule seen to spur consolidations
By
Kathleen A. Martin
| October 1, 2014 - 12:00am
The new planned higher capital requirements for banks may spur consolidation activities in the industry, a Bangko Sentral ng Pilipinas official said yesterday.
Business
BSP reviewing comments on capital hike plan
By
Kathleen A. Martin
| September 25, 2014 - 12:00am
The Bangko Sentral ng Pilipinas said it now reviewing comments from the industry on its proposal to increase banks’...
Business
BSP amends rules on cross selling
By
Ted P. Torres
| August 12, 2014 - 12:00am
The Bangko Sentral ng Pilipinas (BSP) has amended a circular that governs the practice of cross selling, the banking regulation that affects the sale of life insurance policies through the banking system.
Banking
Single ATM platform seen this year
By
Ted P. Torres
| August 4, 2014 - 12:00am
The establishment of a single automated teller machine (ATM) switch will finally take shape this year, with the ongoing negotiations between existing operators BancNet and Megalink.
Business
BSP opens money exhibit for kids
July 27, 2014 - 12:00am
Learning to save and spend wisely should start at an early age, the Bangko Sentral ng Pilipinas said, as a new Money Matters for Kids exhibit opened this week.
Business
BSP allays property bubble fears
By
Kathleen A. Martin
| July 25, 2014 - 12:00am
The Bangko Sentral ng Pilipinas (BSP) has allayed fears of a property bubble as banks start to implement new measures placed...
Business
Banks’ agra loans still below law’s mandate
By
Kathleen A. Martin
| July 20, 2014 - 12:00am
Bank lending to agrarian reform beneficiaries remained below the level mandated by law during the first quarter, data from the Bangko Sentral ng Pilipinas showed.
Business
BSP eyes tougher rules on credit risk mgm’t
By
Kathleen A. Martin
| July 7, 2014 - 12:00am
The Bangko Sentral ng Pilipinas (BSP) is crafting tougher rules for banks’ credit risk management efforts to mitigate...
Business
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