Latest News for: Manila banks

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Analysts still expect BSP to move after Fed

The Manila Times 20 May 2024
The central bank chief ... ING Manila Bank senior economist Nicholas Antonio Mapa also said that despite the recent shift in the BSP's tone from hawkish, its rate cuts would still commence after the Fed.
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Palestinian envoy: Probe Israel 'crimes' in Gaza

The Manila Times 18 May 2024
... as well as in the West Bank and the City of Jerusalem," he said ... Mohammad talks to The Manila Times Chairman and CEO Dante ‘Klink’ Ang 2nd during a visit to The Manila Times on Thursday, May 16, 2024.
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Security Bank profit climbs 11% to P2.6B

The Manila Times 16 May 2024
SECURITY Bank Corp ... The bank opened three branches — in Davao City, Metro Manila and Isabela — in the first four months of 2024, bringing its total to 328 to date ... The bank's shares closed unchanged on Wednesday at P70.50 apiece.
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BankCom lists P6.57-B bonds at PDEx

Manila Bulletin 16 May 2024
Bank of ... BankCom appointed ING Bank N.V., Manila Branch (ING) and Philippine Commercial Capital, Inc (PCCI Capital) as Joint Lead Arrangers and Joint Bookrunners and Selling Agents for the Offer.
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Philippine central bank holds key interest rates

Xinhua 16 May 2024
MANILA, May 16 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate at 6.5 percent and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent, respectively.
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ADB approves 148.5 mln USD loan to improve electricity supply in India

China.dot.org 16 May 2024
MANILA, May 16 (Xinhua) -- The Asian Development Bank (ADB) on Thursday said it has approved a loan of 148.5 million U.S ... Enditem .
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OFW remittances hit $3.05B in March

The Manila Times 16 May 2024
Sought for comment, ING Manila Bank senior economist Nicholas Antonio Mapa said the slower remittance growth could be due to foreign exchange fluctuations and lower inflation ... Rizal Commercial Banking Corp.
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Check out this Next-Gen ID of Ateneo De Manila University, powered by Maya 

Manila Standard 15 May 2024
Have you caught sight of the latest innovation making waves at the Ateneo ...
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Robust loans boosted two banks’ performance in Q1

The Philadelphia Inquirer 15 May 2024
MANILA, Philippines — Two banks posted higher earnings in the ...
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ADB sells 3.5 bln USD 2-year global benchmark bond

Xinhua 15 May 2024
MANILA, May 15 (Xinhua) -- The Asian Development Bank (ADB) on Wednesday said that it priced a two-year global benchmark U.S. dollar bond worth 3.5 billion dollars, proceeds of which will be part of the bank's ordinary capital resources.
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BSP seen pausing up to 3rd quarter

The Manila Times 14 May 2024
ING Manila Bank senior economist Nicholas Antonio Mapa noted that "market participants are currently predicting inflation breaches the top end of the BSP's inflation target of 2-4 percent.".
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Bangko Sentral seen keeping rates steady

The Manila Times 13 May 2024
Security Bank Corp ... Rate cuts, Rizal Commercial Banking Corp ... ING Manila Bank senior economist Nicholas Antonio Mapa said the first BSP rate cut would follow once the Fed starts easing in September or later.
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Ayala Land hinges 2024 growth on wealthy clients

The Philadelphia Inquirer 13 May 2024
MANILA, Philippines — The Zobel family’s Ayala Land Inc. (ALI) is banking on its premium brands to drive growth this year as ...
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Rotary District 3830 successfully holds Discon 2024

The Manila Times 13 May 2024
Taking Flight," which took inspiration from the "Top Gun" film franchise, the two-day event was held at the Sofitel Philippine Plaza Manila ... The Manila Times is one of the media partners.
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BankCom raises P6.6B from bonds

The Manila Times 11 May 2024
affiliate Bank of Commerce (BankCom) wrapped up its peso-denominated fixed-rate bond offering, successfully raising P6.57 billion to refinance maturing debt obligations ... ING Bank N.V., Manila Branch (ING) and Philippine Commercial Capital Inc.
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