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Tuesday, May 28, 2024

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Banking

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BSP: New reforms for 2020 ready

By Joann Villanueva The Bangko Sentral ng Pilipinas (BSP) is set to implement two new regulations targeted to further protect banks’ operational risks by 2020. In...

Credit Card owners warn against online fraud

Graphic from THEPHILBIZNEWS By Victoria "NIKE" De Dios With the alarming increase of fraudulent online transactions using a credit card, the Credit Card Association of the...

No more BSP rate cuts for ’19 but possibly for RRR

By Joann Villanueva Philippine monetary officials are done with policy rate easing this 2019 but may possibly slash banks’ reserve requirement ratio (RRR) if inflation decelerates further. In...

Rise of digital payments in PH ‘very encouraging’ — BSP

By Joann Villanueva Digital payment transactions in the Philippines, which is targeted to hit about 20 percent of total transactions by 2020, is increasing in...

BSP cuts TDF offering for this week

BSP cuts TDF offering for this week By Joann Villanueva The Bangko Sentral ng Pilipinas (BSP) will offer lower volume during the term deposit facility (TDF) auction...

Congress may block hiking of ATM fees

By THEPHILBIZNEWS STAFF Congress may step in to prevent the likely increase in interbank transaction charges deducted from one’s account every time a withdrawal is made...

UnionBank Lauds Globe Business as Efficient Partner in Transformation Journey

Cementing its status as an industry game-changer with various prestigious awards tucked under its belt, Union Bank of the Philippines (UnionBank) continues to harness...

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