banks | ABS-CBN News

Bakit may kakulangan ng salapi sa mga bangko sa Kenya

Agence France-Presse
Posted at Jul 28 09:39 PM

Nauubusan na ng barya-baryang salapi ang mga bangko sa Kenya dahil sa umano'y pagdami ng mga nanunuhol ng mga botante para sa susunod na halalan. Read more »

ANZ announces major banking takeover

Agence France-Presse
Posted at Jul 18 03:44 PM

Australian banking giant ANZ announced Monday a Aus$4.9 billion (US$3.3 billion) deal to swallow regional lender Suncorp Bank -- one of the biggest takeovers in the sector for more than a decade. Read more »

China urges banks to back property sector after mortgage boycott

Agence France-Presse
Posted at Jul 18 01:14 PM

China's banking regulator has urged lenders to extend more credit to real estate developers, as a growing number of homebuyers withhold mortgage payments on unfinished housing projects across 50 cities. Read more »

Bagong P1,000 bill, tatanggapin kahit may tupi

ABS-CBN News
Posted at Jul 12 08:54 PM

Ayon sa Bangko Sentral ng Pilipinas , dapat tanggapin ng mga bangko at tindahan ang mga bagong P1,000 bill kahit may tupi ito. Read more »

China detains alleged bank fraud 'gang' after protests

Jing Xuan Teng, Agence France-Presse
Posted at Jul 11 06:20 PM

Members of a "criminal gang" accused of taking control of local banks have been arrested in central China after rare protests over alleged financial corruption sparked violent clashes between customers and authorities. Read more »

UnionBank clarifies launch of digital bank will be in Q3 or Q4

ABS-CBN News
Posted at Jul 01 01:29 PM

A UnionBank official earlier said that UnionDigital would launch this month, but the bank issued a statement on Friday that the launch would be in the third or fourth quarter. Read more »

UnionBank says open banking to boost financial services

Jekki Pascual, ABS-CBN News
Posted at Jun 28 04:29 PM

UnionBank on Tuesday said open banking could attract unbanked Filipinos to join the formal financial service and boost the digital adoption in the space. Read more »

UnionBank eyes July launch of digital bank UnionDigital

Jessica Fenol, ABS-CBN News
Updated as of Jun 28 02:16 PM

UnionBank on Tuesday said it is eyeing the launch of its digital bank UnionDigital this coming July. Read more »

Inflation may have 'manageable' impact on loan growth: Fitch Ratings

ABS-CBN News
Posted at Jun 07 10:52 AM

Elevated inflation could have an impact on loan growth but it is likely to remain manageable, said Fitch Ratings Financial Institutions Director Tamma Febrian. Read more »

GrabPay sets InstaPay transfer fee starting July 18

ABS-CBN News
Posted at Jun 03 01:34 PM

Grab Philippines on Friday said it would introduce fees for GrabPay InstaPay transfers to other banks and e-wallets pending the approval of the Bangko Sentral ng Pilipinas. Read more »

Fitch Ratings revises outlook on PH banks to 'stable'

ABS-CBN News
Posted at Jun 02 09:36 AM

Fitch Ratings revised its outlook on Philippine banks to stable from negative due to continued economic recovery and waning COVID-19 pandemic risks. Read more »

UnionBank posts P2.6-B net income in Q1 2022

ABS-CBN News
Updated as of Apr 26 11:07 AM

UnionBank of the Philippines said its net income reached P2.6 billion for the first quarter of 2022. Read more »

BPI says net income at P8-B in Q1 2022

ABS-CBN News
Posted at Apr 21 12:07 PM

The BPI said its net income for the first quarter of 2022 reached P8 billion, which is 59.6 percent higher compared to the same period last year. Read more »

UNO Digital Bank partners with Mastercard ahead of launch

ABS-CBN News
Posted at Apr 06 04:12 PM

NO Digital Bank said on Wednesday it partnered with Mastercard ahead of the planned rollout of its digital banking services in the country. Read more »

Bank lending expands in February

ABS-CBN News
Posted at Mar 31 04:59 PM

BSP said said the outstanding loans of universal and commercial banks, net of reverse repurchase placements, grew 8.8 pct year-on-year in February. Read more »

Banks break pledges with fossil fuel billions: report

Agence France-Presse
Posted at Mar 25 08:24 AM

Big banks continue to pour hundreds of billions of dollars into fossil fuel extraction, contradicting their pledges to cut the carbon emissions driving deadly climate change, a report said Friday. Read more »

Japan to freeze assets of 3 Belarusian banks

Kyodo News
Posted at Mar 11 04:27 PM

The Japanese government said Friday it will freeze the assets in Japan of three Belarusian banks as a fresh sanctions measure against Minsk, which has been helping Russia in its invasion of Ukraine. Read more »

Up to 24 'gives': GCash gets buy now pay later feature

ABS-CBN News
Updated as of Mar 09 05:11 PM

The new feature called GGives allows qualified users to pay for items costing as much as P30,000 with up to 24 installments. Read more »

Japan to freeze assets of 4 more Russian banks

Kyodo News
Posted at Mar 03 04:19 PM

The Japanese government will freeze assets held by four more Russian banks following the European Union's latest financial sanctions against Moscow imposed in response to Russia's invasion of Ukraine, Finance Minister Shunichi Suzuki said Thursday. Read more »

Visa, Mastercard block Russian banks after sanctions

Agence France-Presse
Posted at Mar 02 03:43 AM

The steps taken by the credit card firms prevent these entities and individuals from accessing their platforms. Read more »