bankers-association-of-the-philippines | ABS-CBN News

PH banks say ‘no substantial impact’ from US bank failures

ABS-CBN News
Posted at Mar 14 02:43 PM

The Bankers Association of the Philippines on Tuesday said the recent bank failures in the United States “have no substantial nor material impact on Philippine banks.” Read more »

Peso strengthens to P56.94 vs US dollar

ABS-CBN News
Posted at Nov 23 07:22 PM

The peso has picked up in recent weeks after falling to as low as P59 to the dollar in early October. Read more »

Peso again touches record low against dollar

ABS-CBN News
Posted at Sep 01 08:32 PM

The Philippine peso again touched a record low of P56.45 against the US dollar in intraday trading, before closing at 56.42, according to the Bankers Association of the Philippines. Read more »

Peso further weakens to P54.265 to $1

ABS-CBN News
Updated as of Jun 22 09:24 AM

Since the start of the year, the peso has been sliding against the greenback. It began the year at 50.999 to the dollar. Read more »

Publiko pinag-iingat sa online banking fraud

ABS-CBN News
Posted at Nov 26 01:02 PM

MAYNILA - Karamihan ng mga Pilipino ay gumagamit na online banking para sa kanilang transaksiyon lalo na ngayong panahon ng COVID-19 pandemic. Read more »

BAP backs greater mobility for fully vaxed

ABS-CBN News
Posted at Sep 27 03:08 PM

The Bankers Association of the Philippines on Monday said it supports greater mobility for fully vaccinated individuals to stimulate economic activity. Read more »

Ilang mambabatas nanawagang ipagpaliban ang pagtaas sa interbank ATM fees

ABS-CBN News
Updated as of Feb 14 10:41 PM

Nanawagan ang ilang mambabatas na kung maaari ay ipagpaliban muna ang pagtaas ng mga bangko sa interbank charges sa mga transaksiyon sa automated teller machine (ATM). Read more »

National ID system should adhere to 'basic security measures': BAP

ABS-CBN News
Posted at Oct 13 04:36 PM

The Bankers Association of the Philippines said Tuesday the national ID system should adhere to basic security measures to prevent cyber threats and data leaks.  Read more »

Credit card interest rate cap 'eases burden' of Filipinos hit by pandemic: BAP

ABS-CBN News
Posted at Sep 25 11:53 AM

The cap on credit card interest rate will help reduce the burden of Filipinos reeling from the impact of the COVID-19 pandemic, the Bankers Association of the Philippines said Friday.    Read more »

Banks set to resume charging fees for online transfers: Bankers group

ABS-CBN News
Posted at Sep 23 05:00 PM

Many large Philippine banks will resume charging for online transactions using Instapay as early as next month, the head of a banking industry group said on Wednesday.  Read more »

Bankers, business groups support proposed cap on credit card interest rates

ABS-CBN News
Posted at Aug 25 02:35 PM

Business and industry groups said Tuesday they were "supportive" of the Bangko Sentral ng Pilipinas' proposal to put a cap on credit card interest rates. Read more »

Deposits 'protected' as banks 'remain strong' despite crises: BAP

ABS-CBN News
Updated as of Jul 14 02:43 PM

The Bankers Association of the Philippines said Tuesday banks were in a solid position to manage credit risks despite the persisting crises in the country. Read more »

Philippine financial system 'sound', strict rules in place for bank certifications: BAP

ABS-CBN News
Posted at Jun 30 10:13 AM

The Bankers Association of the Philippines said Tuesday the country's financial system was "sound" despite some rogue individuals who falsified documents to link local banks to the Wirecard scandal.  Read more »