Manila Bulletin - Banking & Finance

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Banking & Finance

Manila Bulletin

BSP plans to scrap five-year limit on salary loan maturities
The Bangko Sentral ng Pilipinas (BSP) is moving to scrap the five-year cap on salary loan maturities, a policy shift aimed at easing the debt-servicing burden on public and private sector employees as local credit growth touches multi-year lows. The BSP said in a statement last Friday, Feb. 27,...
Manila Bulletin

SEC plans to end online lending license freeze in April
The Securities and Exchange Commission (SEC) plans to lift the nearly four-year-old moratorium on online lending licenses by April, a move aimed at boosting competition and lowering borrowing costs in the country’s burgeoning digital finance sector. SEC Commissioner Rogelio Quevedo announced the...
Manila Bulletin

NHMFC aims for transparency with new blockchain partnership
Manila Bulletin

BDO profit climbs to all-time high for fifth consecutive year
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