Philippines
Joey Bermudez named President of Philippine Veterans Bank
Joey Bermudez named President of Philippine Veterans Bank
Wants to transform bank into a 'game-changer'.
Why we should rethink the ethics of finance
The changing landscape of finance is a huge subject so let’s start with a short history of banking (thanks here to Wikipedia).
BDO provision charges predicted to decline 29% to PHP4b next year
Thanks to improved NPL cover.
Lending by Philippine banks jumps to US$75 billion in July
Indicates strong demand for loans from businesses and households.
Philippine banks improve world rankings
Banco de Oro Unibank remains top Philippine bank.
Philippines’ China Bank with new financial products for OFWs
Makes it easier to save and invest their earnings.
Philippine banks face more mergers
Driven by approaching ASEAN economic integration.
PNB's net income predicted to plunge 29% to PhP5.4b in 2014
But rumours on its possible sell-off continue.
Here's why RCBC's non-core asset sales is credit positive
It frees up capital for business growth.
Philippine banks ordered to upgrade ATM systems
Aim is to cut down on fraud.
Philippines issues cloud computing rules for banks
Becomes second Asian after Singapore country to do so.
Sequestered Philippine bank moves closer to financial rehabilitation
Government auditor begs to differ, however.
Security Bank's net earnings plunge 66% to PHP1.7b in 1H13
Blame it on trading losses.
Philippines’ China Bank posts H1 profit of US$68 million
Up 46% year-on-year on better core operations.
Metrobank's extraordinary gains for 2013 reaches PHP10.6b
Thanks to the sale of its 49% stake in GBP.
Philippines’ Banco de Oro in alliance with seven Japanese banks
To support Japanese SMEs investing in the Philippines.
Philippine Veterans Bank has four new board members
All come from the private sector.
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