News

Maymay, bukas na magsanay sa pagmomodelo

ABS-CBN News
Updated as of Sep 13 10:55 PM

Aminado si Maymay Entrata na pangarap talaga niyang maging modelo. Read more »

Why higher interest rates may be good for the economy

ABS-CBN News
Updated as of Sep 12 09:03 AM

The Bangko Sentral ng Pilipinas could hike its benchmark rate by as much as 50 more basis points, bringing it to 4.5 percent by year end, which will still be low compared to the early 2000s. Read more »

Maymay Entrata's runway walk is Tyra Banks-approved

ABS-CBN News
Posted at Aug 13 03:53 PM

It seems that supermodel Tyra Banks continues to keep her eye on Maymay Entrata.  Read more »

The state of financial inclusion (or exclusion) in PH

Text by Art Fuentes; Infographic by Pamela Ramos, ABS-CBN News
Updated as of Aug 03 04:08 PM

The Bangko Sentral ng Pilipinas' (BSP) financial inclusion survey, conducted every 2 years, shows again how excluded a big majority of Filipino adults are from the financial system. But the BSP is urging banks to do something it.  Read more »

BPI net income falls 5.7 percent in first half

ABS-CBN News
Updated as of Aug 01 09:03 AM

The country's third largest lender by assets said late Tuesday it posted net income of P11.03 billion in the first half. It did not immediately release second quarter results. Read more »

Filipinos saved more, borrowed less in 2017: BSP study

ABS-CBN News
Posted at Jul 11 02:03 PM

According to the 2017 Financial Inclusion Survey, 22.6 percent of the adult population had formal accounts, from 22 percent in 2015. It was only the second time for the BSP to hold the FIS. Read more »

BPI updates transaction fees effective Sept. 1

ABS-CBN News
Updated as of Jul 02 06:23 PM

A more detailed listing of the new fees is available on the bank's website. Read more »

US Fed: Deutsche Bank USA fails 'stress test'

Douglas Gillison, Agence France-Presse
Posted at Jun 29 08:11 AM

The Fed gave a "conditional" pass to US investment behemoths Goldman Sachs and Morgan Stanley, even though their capital backstops sank below required levels, since that was due to one-time charges tied to December's tax cuts. Read more »

Utang sa credit card, bangko, posibleng tumaas ang interes

ABS-CBN News
Posted at Jun 22 12:25 AM

May basehan ang mga bangko ngayon upang magtaas din ng kanilang interes sa credit card at iba pang pautang. Read more »

Banks announce Eid'l Fitr 2018 schedules

ABS-CBN News
Updated as of Jun 14 04:29 PM

Banks announce operating schedule for Friday, June 15 holiday in observance of Eid’l Fitr (End of Ramadam). Read more »

Banks announce Independence Day schedules

ABS-CBN News
Updated as of Jun 11 12:33 PM

Banks announced operating hours on June 12, Independence day. Read more »

WATCH: Teaser trailer for 'The Lego Movie' sequel

ABS-CBN News
Posted at Jun 08 02:20 AM

The first glimpse into the much-anticipated sequel to the smash hit, 'The Lego Movie,' was released this week.  Read more »

Gobyerno, nag-aalok ng bagong retail treasury bond

ABS-CBN News
Posted at Jun 01 02:41 AM

Mas malaki ang interes dito kumpara sa savings account. Read more »

Unionbank to link rural banks using blockchain

Jessica Fenol and Michelle Ong, ABS-CBN News
Updated as of May 21 02:58 PM

Unionbank said Monday it would tap blockchain to connect rural banks in the same way systems such as Bancnet and SWIFT link larger lenders. Read more »

Pichay pleads not guilty to charges over bank sale anomaly

Adrian Ayalin, ABS-CBN News
Posted at May 08 08:22 PM

Surigao del Sur Rep. Prospero Pichay Jr. has pleaded not guilty to charges related to an anomalous banking deal between the Local Water Utilities Administration and Express Savings Bank Inc. of the Gatchalian family during his time as the state agency's chair. Read more »

'Cardless' ATM withdrawals available on PSBank, Metrobank

ABS-CBN News
Updated as of May 07 10:15 AM

PS Bank said its clients, and those of parent Metrobank, could now withdraw from ATMs during emergencies even without a card. Read more »

What are banks doing to combat hackers?

ABS-CBN News
Posted at May 03 01:41 AM

Cyber-security is currently one of the biggest challenges facing financial institutions - from data protection and compliance.  Read more »

Faster transactions between borrowers and lenders in the offing, says CIC

ABS-CBN News
Updated as of Apr 23 09:35 PM

The government's Credit Information Corp. (CIC) aims to facilitate faster transactions between borrowers and lenders, such as banks, by providing credit reports for Filipinos, including those who don't have bank records yet. Read more »

PCC OKs City Savings Bank's acquisition of thrift bank

ABS-CBN News
Posted at Apr 12 03:20 PM

MANILA - Union Bank of the Philippines (UnionBank) on Thursday confirmed that the Philippine Competition Commission (PCC) has approved City Savings Bank's acquisition of the thrift bank Philippine Resources Savings Bank Corp. Read more »

Pagreport ng cyber attack sa mga bangko, gustong paikliin ng BSP

ABS-CBN News
Posted at Apr 12 03:21 AM

Gustong paikliin ng Bangko Sentral ng Pilipinas ang itinakdang panahon para i-report ng mga bangko ang mga kaso ng cybersecurity breach. Read more »