Philippines
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.
Rabobank, Sacombank partner to bring food and agribiz banking expertise to Vietnam
In line with rural development efforts.
WorldRemit announces instant bank deposit service with Philippine banks
Good news for Philippine-based recipients.
Retail Banking Forum 2014 pops the champagne on closing leg in Manila, Philippines
Find out what's the hottest topic in Philippines' retail banking.
Structural woes feared to derail Philippine banks' momentum
Despite sufficient capitalization and ample liquidity.
RCBC's PHP10b Tier 2 issuance gets a nod
To be offered in next few weks.
Philippines' East West Banking Corp to issue up to PHP5b preferred shares
New ventures also underway.
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