News

RCBC bullish on SME, consumer loans despite rising rates

ABS-CBN News
Posted at Jul 16 04:25 PM

There is continuing demand for loans from small enterprises and consumers for cars, homes and credit cards.  Read more »

'5-6', gustong ipatigil ni Duterte

ABS-CBN News
Posted at Jul 12 01:36 AM

Nanindigan si Pangulong Rodrigo Duterte na ipatigil ang pautang na "five six." Read more »

Empleyado ng lending company, patay sa pamamaril sa Cavite

ABS-CBN News
Posted at Jul 04 01:26 AM

Patay ang lalaking empleyado ng isang lending company matapos pagbabarilin. Read more »

BDO partners with Japan's Bank of Fukuoka

ABS-CBN News
Updated as of Jun 18 02:39 PM

The Philippines' largest lender said it would serve the needs of Bank of Fukuoka clients who want to do business in the country. Read more »

2 Japan banks tie up with RCBC to assist small business

Kyodo News
Posted at May 16 11:13 PM

Kansai Mirai Financial Group Inc. said Wednesday its two banking units have teamed up with a Philippine lender to help small and midsize Japanese firms advance into the Southeast Asian country. Read more »

Lender taps digital banking for 'borderless' growth

Cathy Yang, ABS-CBN News
Updated as of May 01 05:39 PM

Tapping "digitally connected" Filipinos could help Malaysia-based lending firm Maybank grow its local market share without adding more staff or brick and mortar branches, its president said. Read more »

2 suspek sa lending scam, timbog sa Cavite

ABS-CBN News
Posted at Apr 03 11:46 PM

Binibigyan umano ng mga suspek ang kanilang biktima ng P500 at limang kilo ng bigas para makuha ang tiwala.  Read more »

Security Bank offers anti-loan-sharks product: SALAD

ABS-CBN News
Updated as of Apr 02 07:15 PM

Consumers who don't quality for regular loan products can now avail of short-term loans using Security Bank's new mobile platform facility which aims to reduce borrowing from informal lenders, the bank said on Monday. Read more »

Bank lending, domestic liquidity expand in Feb

ABS-CBN News
Posted at Mar 28 06:46 PM

Bank lending expanded at a slightly faster rate of 19.5 percent in February from a revised 19 percent in January, the Bangko Sentral ng Pilipinas (BSP) said on Wednesday based on preliminary data.    Read more »

AgriNurture may tap Chinese firms for farm lending

Michelle Ong, ABS-CBN News
Posted at Mar 15 02:04 PM

AgriNurture Inc said Thursday is in talks with several technology companies in China for a joint venture that will provide financing to Filipino farmers. Read more »

Babaeng nangulimbat ng P400-M sa 'double your money' scheme, arestado

Paul Palacio, ABS-CBN News
Posted at Jan 18 10:33 AM

Bumagsak na sa kamay ng awtoridad ang babaeng suspek sa 'double your money' scheme matapos ang isinagawang entrapment operation, Miyerkoles ng gabi.  Read more »

Siomai on wheels brings business success to Batangas couple

Jessica Fenol, ABS-CBN News
Updated as of Dec 22 06:20 PM

From walking 5 kilometers a day to peddle a basket full of banana cue, the husband and wife tandem of Reynante and Raquel Manimtim parlayed their P100 venture into a thriving siomai business. Read more »

Bank lending picks up while domestic liquidity slows: BSP

ABS-CBN News
Posted at Oct 31 05:54 PM

The Bangko Sentral ng Pilipinas said bank loans amounted to P6.76 trillion in September this year or P1.18 trillion higher than the P5.58 trillion recorded in the same month last year. Read more »

'Mag-ingat sa kunwari'y nagpapautang sa social media'

ABS-CBN News
Posted at Aug 25 08:16 PM

Nagbabala ang Securities and Exchange Commission laban sa mga pekeng online lending company na kadalasang nakikita sa social networking sites tulad ng Facebook at Twitter. Read more »

S&P sees bank lending growing 15-17 pct

ABS-CBN News
Posted at Aug 23 07:40 PM

Debt watcher S&P Global Ratings said Wednesday bank lending will grow 15 to 17 percent this year as the country's economy continues to expand.  Read more »

Beware of lending scams on social media: SEC

ABS-CBN News
Updated as of Aug 21 05:10 PM

The Securities and Exchange Commission has renewed its warning to the public against lending scams on Facebook, Twitter and other social networks. Read more »

Money supply up in June amid strong demand for credit: BSP

ABS-CBN News
Posted at Jul 31 08:12 PM

The Bangko Sentral ng Pilipinas said on Monday that domestic liquidity or M3 expanded faster at 13.2 percent in June from the revised 11.3 percent in May as bank credit grew 19 percent.  Read more »

Loan growth to be slower this year: DBS

ABS-CBN News
Updated as of Jul 18 08:12 PM

Bank lending is likely to post moderate growth this year after posting a strong 17 percent growth in 2016, according to DBS Bank Ltd of Singapore. Read more »

'P3' pautang, pangontra ng gobyerno laban sa '5-6'

ABS-CBN News
Updated as of Jul 18 07:39 PM

70 probinsya na ang nakikinanabang sa pautang ng gobyerno na "P3" o Pondo sa Pagbabago at Pag-asenso. Pwedeng umutang ang mga maliliit na negosyante mula P5,000 hanggang P100,000. Read more »

SEC suspends several lending companies for operating sans license

ABS-CBN News
Posted at Apr 07 09:30 PM

The Securities and Exchange Commission said Friday it suspended several lending companies for operating without a license. Read more »