Tag page - Philippine banks

While closer ties to large conglomerates provide Philippine banks with ample capital and lending opportunities, these direct connections also increase lending risks within the groups, and financial distress at the conglomerate level could have a profound impact on the banks. “Financial distress...

By DERCO ROSAL Citi stated that bank management sees full-time operations as the top priority for banks over the next five years to address cross-border payment challenges. “Our clients and their end-users increasingly expect payment services that are instant and available 24x7,” Citi said in...

Banks and other lending institutions are reportedly asking the Department of Energy (DOE) for a categorical definition and conclusive policy framework that shall serve as anchor to prospective financing of ‘transition coal’ projects that are still being allowed by the government for commercial...