Philippines
Singapore banks might ride out global financial crisis
Loans and investments made by Eurozone banks in Singapore comprise only 5% of their total exposure.
Singapore banks might ride out global financial crisis
Loans and investments made by Eurozone banks in Singapore comprise only 5% of their total exposure.
Citibank launches Citibank Rewards Card in the Philippines
Cardholders will be entitled to 5% rebate at partner boutiques among other exclusive deals.
Five foreign banks end Philippine operations
Financial turmoil in their home countries forces American Express Bank and four other foreign banks to depart the Philippines.
Korea Eximbank sets up Philippine office
Korea Eximbank has set up an office in the Philippines in anticipation of the expected rise in investments from South Korean firms.
Pawnshops, stores to offer banking services in the Philippines
The Philippine central bank mulls making sari-sari stores, payments centers and other store-like facilities banking conduits.
Philippines' BDO targets loan growth of 20%, income growth of 19%
BDO expects a loan growth of over 20-percent in the next three to five years with the expanding economy.
China Bank provides cashless cab fare payments
You can now pay your taxi fare using your ATM or debit card in Davao,Philippines.
Five lenders eye shuttered Philippine bank
Five Philippine financial institutions remain interested in acquiring the assets of bankrupt Export and Industry Bank.
Aggressive Philippine bank continues M&A spree
Asia United Bank has completed the acquisition of its third Philippine bank in three years.
Agreement to boost mobile banking in the Philippines
The Philippines and the United States have entered into an agreement that will give Filipinos more access to mobile banking and payment services.
Exportbank clients to start getting deposit insurance
Philippine Deposit Insurance Corp. will start paying depositors of Export and Industry Bank on June 19.
Sterling Bank raises funds for expansion
Improved investor confidence leads to Sterling Bank of Asia raising US$11.5 million from the sale of Tier 2 notes.
Philippine banks claim safety from Eurozone crisis
The Philippines expects to ride out the worst of the Eurozone debt crisis.
Bill allowing 60% ownership of Philippine rural banks gets BSP support
The Philippine central bank is supporting the Senate and Lower House bills allowing 60% foreign ownership of rural banks.
Banco De Oro acquires rural bank
BDO Unibank has acquired Rural Bank of San Juan Inc. and will assume its liabilities and recorded assets.
EastWest Bank records good numbers
The Philippines’ EastWest Banking Corporation posts industry leading numbers for the first quarter.
Philippine banks outdid regional rivals in 2011
The Philippines’ central bank claims the country’s banks did better than most of its Southeast Asian rivals.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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