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                    [Title] => Government to accelerate state disbursements
                    [Summary] => 
With barely a month left before the year ends, the Aquino administration has moved to fast track still below-target state disbursements by removing the waiting time state banks need to observe before they could convert government checks into cash.

                    [DatePublished] => 2015-12-05 09:00:00
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                    [ArticleID] => 1494335
                    [Title] => COA recommendation: ‘Move Capitol funds to approved banks’
                    [Summary] => 
The Commission on Audit has told the Cebu Provincial Government to transfer the almost P500 million in its time deposits and special savings deposits accounts in private banks to its existing current account, as stipulated in a Provincial Board resolution.

                    [DatePublished] => 2015-08-30 10:00:00
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                    [Title] => BSP adds more perks for rural bank mergers
                    [Summary] => 
The Bangko Sentral ng Pilipinas (BSP) has issued the guidelines of a new program further sweetening the incentives as well as financial package to encourage mergers and consolidations among rural banks.

                    [DatePublished] => 2015-08-21 10:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
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                    [Title] => BSP okays more applications for bank branches
                    [Summary] => 
The Bangko Sentral ng Pilipinas approved more applications for bank branches in the fourth quarter on the back of lenders’ aggressive expansion in and out of the capital.

                    [DatePublished] => 2015-03-23 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1438879
                    [AuthorName] => Kathleen A. Martin
                    [SectionName] => Business
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                    [Title] => DBM clarifies role in disbursing PDAF funds
                    [Summary] => 
The Department of Budget and Management (DBM) clarified yesterday its role in disbursing congressional allocations and other funds since 2005 as investigations into allegations of misuse of pork barrel funds and other appropriations continue.

                    [DatePublished] => 2015-01-14 00:00:00
                    [ColumnID] => 0
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                    [AuthorName] => Paolo Romero
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                    [Title] => More rural banks accredited for agri-agra lending
                    [Summary] => 
The Bangko Sentral ng Pilipinas (BSP) has added another rural bank to its list of accredited financial institutions that can receive funds from other lenders for compliance with the Agri-Agra Reform Credit Act of 2009.

                    [DatePublished] => 2014-03-04 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1438879
                    [AuthorName] => Kathleen A. Martin
                    [SectionName] => Banking
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                    [ArticleID] => 1259430
                    [Title] => Abad pwedeng kasuhan ng contempt - SC justice
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Maaaring patawan ng parusa sa kasong contempt si Budget and Management Secretary Butch Abad.

                    [DatePublished] => 2013-11-22 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1096851
                    [AuthorName] =>  Doris Franche-Borja
                    [SectionName] => Police Metro
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                    [Title] => BSP accredits rural, thrift banks under Agri-Agra Law
                    [Summary] => 
Ten rural and thrift banks have been accredited by the Bangko Sentral ng Pilipinas (BSP) to receive infusions from other lenders for compliance with the Agri-Agra Law of 2009.

                    [DatePublished] => 2013-07-28 00:00:00
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                    [Title] => BSP withdraws ING Bank's trust license
                    [Summary] => 
 The Bangko Sentral ng Pilipinas (BSP) has approved the withdrawal of the trust license of Dutch financial giant ING Bank N.V. in Manila after a local bank acquired the trust and investment unit last year.
                    [DatePublished] => 2012-08-27 00:00:00
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                    [Title] => BSP urges banks to exercise prudence in extending loans to local government units
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The Bangko Sentral ng Pilipinas (BSP) has cautioned banks against excessive loans extended to local government units (LGUs) by complying with the limits set by the Department of Finance (DOF).
                    [DatePublished] => 2012-05-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
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CIRCULAR LETTER

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                    [Title] => Government to accelerate state disbursements
                    [Summary] => 
With barely a month left before the year ends, the Aquino administration has moved to fast track still below-target state disbursements by removing the waiting time state banks need to observe before they could convert government checks into cash.

                    [DatePublished] => 2015-12-05 09:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 
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                    [ArticleID] => 1494335
                    [Title] => COA recommendation: ‘Move Capitol funds to approved banks’
                    [Summary] => 
The Commission on Audit has told the Cebu Provincial Government to transfer the almost P500 million in its time deposits and special savings deposits accounts in private banks to its existing current account, as stipulated in a Provincial Board resolution.

                    [DatePublished] => 2015-08-30 10:00:00
                    [ColumnID] => 0
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                    [ArticleID] => 1490687
                    [Title] => BSP adds more perks for rural bank mergers
                    [Summary] => 
The Bangko Sentral ng Pilipinas (BSP) has issued the guidelines of a new program further sweetening the incentives as well as financial package to encourage mergers and consolidations among rural banks.

                    [DatePublished] => 2015-08-21 10:00:00
                    [ColumnID] => 0
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                    [Title] => BSP okays more applications for bank branches
                    [Summary] => 
The Bangko Sentral ng Pilipinas approved more applications for bank branches in the fourth quarter on the back of lenders’ aggressive expansion in and out of the capital.

                    [DatePublished] => 2015-03-23 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1438879
                    [AuthorName] => Kathleen A. Martin
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                    [Title] => DBM clarifies role in disbursing PDAF funds
                    [Summary] => 
The Department of Budget and Management (DBM) clarified yesterday its role in disbursing congressional allocations and other funds since 2005 as investigations into allegations of misuse of pork barrel funds and other appropriations continue.

                    [DatePublished] => 2015-01-14 00:00:00
                    [ColumnID] => 0
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                    [AuthorName] => Paolo Romero
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                    [Title] => More rural banks accredited for agri-agra lending
                    [Summary] => 
The Bangko Sentral ng Pilipinas (BSP) has added another rural bank to its list of accredited financial institutions that can receive funds from other lenders for compliance with the Agri-Agra Reform Credit Act of 2009.

                    [DatePublished] => 2014-03-04 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1438879
                    [AuthorName] => Kathleen A. Martin
                    [SectionName] => Banking
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                    [URL] => 
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                    [ArticleID] => 1259430
                    [Title] => Abad pwedeng kasuhan ng contempt - SC justice
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Maaaring patawan ng parusa sa kasong contempt si Budget and Management Secretary Butch Abad.

                    [DatePublished] => 2013-11-22 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1096851
                    [AuthorName] =>  Doris Franche-Borja
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                    [Title] => BSP accredits rural, thrift banks under Agri-Agra Law
                    [Summary] => 
Ten rural and thrift banks have been accredited by the Bangko Sentral ng Pilipinas (BSP) to receive infusions from other lenders for compliance with the Agri-Agra Law of 2009.

                    [DatePublished] => 2013-07-28 00:00:00
                    [ColumnID] => 0
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                    [ArticleID] => 842349
                    [Title] => BSP withdraws ING Bank's trust license
                    [Summary] => 
 The Bangko Sentral ng Pilipinas (BSP) has approved the withdrawal of the trust license of Dutch financial giant ING Bank N.V. in Manila after a local bank acquired the trust and investment unit last year.
                    [DatePublished] => 2012-08-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 801961
                    [Title] => BSP urges banks to exercise prudence in extending loans to local government units
                    [Summary] => 
The Bangko Sentral ng Pilipinas (BSP) has cautioned banks against excessive loans extended to local government units (LGUs) by complying with the limits set by the Department of Finance (DOF).
                    [DatePublished] => 2012-05-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
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                    [URL] => 
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)

abtest

Government to accelerate state disbursements

December 5, 2015 - 9:00am

With barely a month left before the year ends, the Aquino administration has moved to fast track still below-target state...

Business

COA recommendation: ‘Move Capitol funds to approved banks’

August 30, 2015 - 10:00am

The Commission on Audit has told the Cebu Provincial Government to transfer the almost P500 million in its time deposits and special savings deposits accounts in private banks to its existing current account, as...

Cebu News

BSP adds more perks for rural bank mergers

By Lawrence Agcaoili | August 21, 2015 - 10:00am

The Bangko Sentral ng Pilipinas (BSP) has issued the guidelines of a new program further sweetening the incentives as well as financial package to encourage mergers and consolidations among rural banks.

Business

BSP okays more applications for bank branches

By Kathleen A. Martin | March 23, 2015 - 12:00am

The Bangko Sentral ng Pilipinas approved more applications for bank branches in the fourth quarter on the back of lenders’...

Business

DBM clarifies role in disbursing PDAF funds

By Paolo Romero | January 14, 2015 - 12:00am

The Department of Budget and Management (DBM) clarified yesterday its role in disbursing congressional allocations and other funds since 2005 as investigations into allegations of misuse of pork barrel funds and...

Headlines

More rural banks accredited for agri-agra lending

By Kathleen A. Martin | March 4, 2014 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) has added another rural bank to its list of accredited financial institutions that can receive funds from other lenders for compliance with the Agri-Agra Reform Credit Act of...

Banking

Abad pwedeng kasuhan ng contempt - SC justice

By Doris Franche-Borja | November 22, 2013 - 12:00am

Maaaring patawan ng parusa sa kasong contempt si Budget and Management Secretary Butch Abad.

Police Metro

BSP accredits rural, thrift banks under Agri-Agra Law

July 28, 2013 - 12:00am

Ten rural and thrift banks have been accredited by the Bangko Sentral ng Pilipinas (BSP) to receive infusions from other lenders for compliance with the Agri-Agra Law of 2009.

Business

BSP withdraws ING Bank's trust license

August 27, 2012 - 12:00am

 The Bangko Sentral ng Pilipinas (BSP) has approved the withdrawal of the trust license of Dutch financial giant ING Bank N.V. in Manila after a local bank acquired the trust and investment unit last year.

Business

BSP urges banks to exercise prudence in extending loans to local government units

By Lawrence Agcaoili | May 1, 2012 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) has cautioned banks against excessive loans extended to local government units (LGUs) by complying with the limits set by the Department of Finance (DOF).

Business