Philippines

Structural woes feared to derail Philippine banks' momentum

Despite sufficient capitalization and ample liquidity.

PNB to place PHP600m direct investment on PNB Gen

Subject to the approval of the central bank.

China Banking Corp's net earnings up 24% to PHP3.9b

But higher credit costs dragged down net profit.

Philippines’ Metrobank ties-up with 46 Japanese banks

Will help Japanese expand Philippine operations.

Philippine bank lending rises 16%

Supports sustained expansion of productive sectors of the economy.

ADB sees bright outlook for Islamic finance in Asia

Islamic finance could help lower cost of financing well-structured investments.

Philippines, Bank of China launch Domestic Renminbi Transfer Service

Service will integrate with the renminbi global payment system.

Philippines’ Metrobank plans to raise US$464 million

Will tap the market for negotiable long-term deposit instruments.