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30 articles from BusinessWorld Banking
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BusinessWorld Banking
Coins.ph expands into Europe via partnership with Clear Junction
CRYPTO digital wallet and payments provider Coins.ph has partnered with London-based financial technology (fintech) company Clear Junction to expand its presence in Europe. Under the partnership, Coins.ph will leverage Clear Junction’s payment infrastructure to enable cross-border transactions in the European and United Kingdom markets. The aims to bridge the gap for corporate and financial institution […]
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PBCom names former Security Bank EVP Ong as incoming president and CEO
PHILIPPINE Bank of Communications has named John Cary L. Ong as its incoming president and chief executive officer (CEO). The bank’s board approved the appointment, which takes effect on July 6, at its meeting on Wednesday, it said in a disclosure to the stock exchange. “He will formally assume President and CEO after completing a […]
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Central bank extends deadline for updated prudential reports
THE BANGKO SENTRAL ng Pilipinas (BSP) has given banks an additional year to comply with its updated prudential reporting guidelines. The central bank, in a memorandum signed by BSP Deputy Governor Lyn I. Javier, extended the deadline of submission of version 16 of the financial reporting package (FRP) via the Prudential Reporting Innovation and Monitoring […]
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T-bond yields go down as risk appetite improves
THE GOVERNMENT made a full award of the dual-tenor Treasury bonds (T-bonds) it auctioned off on Tuesday as strong demand helped bring down yields despite continued uncertainty over the Middle East conflict and hawkish signals from the Bangko Sentral ng Pilipinas (BSP). The Bureau of the Treasury (BTr) raised P45 billion as planned via its […]
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BSP digitizes foreign debt data survey
THE BANGKO SENTRAL ng Pilipinas (BSP) has started automating the collection of residents’ external debt records that were previously unregistered for its monitoring and as part of its broader digitalization efforts. In a circular signed by BSP Deputy Governor Zeno Ronald R. Abenoja on June 18, the BSP said all resident borrowers must submit their […]
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