philippine-banks | ABS-CBN News

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 »

BSP says PH banks not ‘under threat’

Warren de Guzman, ABS-CBN News
Updated as of Feb 16 04:17 PM

In a report released Tuesday, the World Bank cited the Philippines as an example of countries where bad or unpaid debt is becoming a problem. Read more »

'Oxygen to keep patient alive': Banker calls for sustained lending to small firms

ABS-CBN News
Posted at Jan 28 12:28 PM

A Philippine banker is calling on his colleagues in the banking sector to sustain lending to the micro, small and medium enterprises (MSMEs) amid challenges brought by COVID-19, likening it to an oxygen support system for a patient. Read more »

PH banks' growth 'tempered' until 2021 on weaker economy, COVID cases: analyst

ABS-CBN News
Updated as of Nov 25 02:35 PM

MANILA - Philippine banks' recovery and growth are seen to be "tempered" until next year given the lingering effects of the pandemic on the economy, an analyst at Fitch Ratings told ANC's Market Edge. 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 »

PNB says H1 net income down due to pandemic, continues to boost loan reserves

ABS-CBN News
Updated as of Aug 11 11:11 AM

Philippine National Bank said Tuesday its net income for the first half of 2020 declined due to the impact of the COVID-19 pandemic and measures imposed to mitigate risks. Read more »

Filipino in Wirecard case claims getting death threats, insists he was framed

Jacque Manabat, ABS-CBN News
Updated as of Jun 24 01:07 AM

MANILA (UPDATED) - Despite being with 2 bodyguards when he alighted from his SUV, lawyer Mark Kristopher Tolentino was still hesitant to grant an interview.  Read more »

Fitch affirms ratings of 3 of Philippines' biggest banks

ABS-CBN News
Posted at May 14 11:18 AM

Fitch Ratings said Thursday it affirmed the credit ratings of 3 of the Philippines' largest banks due to their ability to withstand the COVID-19 pandemic. Read more »

LIST: Philippine banks set operating hours for Holy Week 2020

ABS-CBN News
Posted at Apr 07 04:39 PM

Philippine banks on Tuesday announced operating schedules for the Holy Week 2020.  Read more »