The Philippines posted its second largest current account deficit on record in 2024 as the country’s bloated import bill ...

Starting today, more bank savings are going to be protected under the expanded insurance coverage for deposits. The ...

THE country's current account deficit exceeded projections last year, the Bangko Sentral ng Pilipinas (BSP) reported on Friday, widening to $17.5 billion from 2023's $12.4 billion and also surging ...

The Philippines’ current account deficit widened to $17.5 billion in 2024, the second highest recorded since 2022, according to the Bangko Sentral ng Pilipinas (BSP). Data from the BSP showed the ...

CBS China Bank Savings (CBS), the country’s second-largest thrift bank, is accelerating its expansion in the Visayas and ...

FITCH Ratings recently upgraded the state-owned Land Bank of the Philippines’ (LandBank) viability rating (VR), citing the bank’s strong financial position.In a ...

P1 million will be given to depositors of closed banks, and not those who may have been victims of scams or hacking.

The economic prospects in the Philippines remain strong amid a changing global market, according to Citi Philippines chief ...

MANILA — State-run Land Bank of the Philippines (LANDBANK) has received an upgraded Viability Rating (VR) from Fitch Ratings, ...

The Bangko Sentral ng Pilipinas  has issued a draft circular to introduce stricter rules on certain foreign exchange (forex) ...

WHILE the Philippine peso remains stable despite various uncertainties, worsening political conditions could trigger ...

THE BANGKO SENTRAL ng Pilipinas (BSP) is proposing amendments to regulations on non-deliverable exchange forward and swap contracts involving the peso, which will allow the pre-termination or ...