Philippines
Security Bank Corp's 9M14 net income jumps 54% YoY to PHP6.4b
Security Bank Corp's 9M14 net income jumps 54% YoY to PHP6.4b
Increase was across the board as well.
Philippines' BPI pops the champagne on 28% loan growth
However, weak trading has been observed.
Philippine Business Bank's 9M14 net earnings disappoint with PHP481m
It's 52% lower YoY.
Union Bank of the Philippines eyes acquiring mid-size banks
In line with its reported planned expansion.
Philippine banks' NPL ratio slightly climbs to 2.11% in July
It's apparently better than July last year.
Philippine National Bank shares on collateral for PAL
Biggest shareholder to buy back airline stake.
Philippine Business Bank's 1H14 earnings plunged 67% YoY to PHP258m
Weak trading is to blame.
Philippine-based BDO's 1H14 net income slides 22% to PHP11.1b
Due to anticipated weakness in treasury income.
Fitch awaits further Basel III Tier 2 Issues from Philippine Banks
Over USD1.15bn instruments issued to date.
Fitch affirms four Philippine banks
Ratings reflect, among others, satisfactory core capitalization.
Philippines-based Security Bank eases foreign ownership level
Indirectly improving its trading dynamics.
Philippine central bank eyes uniform loan pricing benchmark in 2014
It’ll reportedly be similar to UK’s LIBOR.
Philippines' China Banking Corp. wants to raise stake in bancassurance arm
Bancassurance partly contributed to miscellaneous income previously.
Philippine central bank sets bank stress tests for real estate
This will help determine severe shock capacity.
Philippine bank BDO acquires thrift bank The Real Bank
It’s its third consecutive year of acquisitions.
Philippine banks record 21.1% increase in May lending
Various industry sectors reflected robust loan growth.
Moratorium on branch-banking in the Philippines ends
The restrictions were partly for overcrowding control.
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