Bank of Makati turns to MSMEs, still leads in motorcycle loans

Bank of Makati (A Savings Bank) Inc. said it is leveraging on the positive outlook for the motorcycle industry in the Philippines as it steps up efforts to become the bank of choice of micro, small and medium enterprises (MSMEs).

Banking
Security Bank earns record P10.3 B in 2017

Security Bank Corp. booked a record profit last year on the back of strong revenues from its core businesses as well as a strong recovery in trading gains.

Banking
BSP accredits 3 new e-money issuers

The Bangko Sentral ng Pilipinas (BSP) said it is fasttracking the review of the applications for electronic money issuers (EMIs) and virtual currency exchanges (VCEs) to make sure the country is not left behind in the rapidly evolving digital space.

Banking
UnionBank sets criteria for target acquisitions

Aboitiz-owned Union Bank of the Philippines has set the criteria for new acquisitions as it continues to look for more opportunities to boost its bid to become a great retail bank by 2020.

Banking
No deadline extension for shift to EMV cards

The Bangko Sentral ng Pilipinas (BSP) is not keen on extending the June 30 deadline given to banks to fully comply with the shift to the mandatory Europay-Mastercard-Visa (EMV) technology.

Banking
Espenilla hosts first annual bankers’ night
BSP allows foreign banks to put up 5 sub-branches
Banks raise fees as TRAIN rolls out
FINTQ sees another banner year for lending growth
Banks paint rosy picture for 2018
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