Philippines

Philippine Central Bank to impose stricter credit card regulations

The Central Bank will be able to limit or prohibit annual membership charges.

BTMU to invest around USD760m in Philippines-based Security Bank

It's the largest equity investment by a foreign bank into a Philippine bank.

BDO's net profit up 3% to PHP5.9b in 3Q15

The bank must make PHP7.3b in 4Q15 to meet management guidance for FY15F.

Lending in Philippine banks up 13.7% in March

Slower than the rise in February, though.