Philippines
Philippines issues cloud computing rules for banks
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.
What Bank of the Philippine Islands' 57% profit crash really means
Margins still under pressure.
BDO's PHP4b net income in 2Q13 well within analyst's expectation
Net earnings reached PHP14.1b in 1H13.
Record US$415 million profit for Metrobank in H1
Also the highest ever by a local bank.
Philippines’ China Banking sees doubled credit card growth
Confident partnership with MasterCard will achieve this.
BDO's net income more than doubled to P14.1b
Total deposits broke the 1 trillion mark.
Philippine central bank won't impose new lending restrictions
Real demand is seen behind growing demand for real-estate lending.
Philippine National Bank to raise US$300 million
Offering new shares to raise cash.
Philippine banks open 211 branches in Q1
Permits greater access to formal financial services.
Metrobank to sell off non-core assets
Moody’s pleased with move to comply with Basel III.
Roberto de Ocampo appointed chairman of Philippine Veterans Bank
Was former Philippine Secretary of Finance.
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