Banking & Insurance
IMF reforms concessional lending for low-income countries
The International Monetary Fund's (IMF) Executive Board has approved significant reforms to enhance the Fund’s concessional lending facilities for low-income countries (LICs).
EastWest: Visa Platinum credit card use ‘more than tripled’ since relaunch
EastWest Bank announced on Monday that since the relaunch of its Visa Platinum Credit Card, new card bookings have more than tripled, accompanied by a notable increase in monthly billings.
Treasury bill yields rise at auction; total tenders reached P55.07 billion
Treasury bill yields were higher at Monday’s auction, reflecting the rise in secondary market rates as the central bank took a more measured policy...
BOC initiatives strengthen border security against smuggling
Customs Commissioner Bienvenido Rubio has emphasized the role of intelligence in safeguarding the country's borders during the recent Inter-Agency Intelligence Summit held in Batangas.
BOP stands as a $3.5B surplus in September
The Bangko Sentral ng Pilipinas reported a significant reversal in the balance of payments (BOP) position in September that stood as a surplus of USD3.5 billion.
