With banks’ higher provisioning requirements, the industry continue to have lower cumulative net profits as of end-September of P126.78 billion, down 25.93 percent from same period last year of P171.16 billion, based on Bangko Sentral ng Pilipinas (BSP) data. The pandemic-hit banking system...
We live in the best and worst of times. It’s not surprising as a crisis of this magnitude is bound to bring out the best and worst in people. On one side, there are those who would help the best way they can, even with limited resources. On the other end, there are those who would take advantage...
The banking sector’s trust holdings declined by 7.79 percent in the first quarter this year to P2.449 trillion from P2.656 trillion same time in 2019, data from the Bangko Sentral ng Pilipinas (BSP) said. The big banks or the universal and commercial banks accounted for P2.425 trillion of the...
Alden Richards and Bea Alonzo After the successful team-up of Kathryn Bernardo and Alden Richards last year, fans look forward to seeing him paired onscreen with Bea Alonzo. No wonder that when the two shared some behind-the-scene photos from a TV commercial they shot recently, netizens went...