Banking & Insurance
Financial confidence among Filipinos is low
Financial confidence among Filipinos is low, particularly as this concerns rising healthcare costs and inflation, a new research by Manulife shows.
Yield on treasury bills auctioned Monday lower compared to secondary market
Yields were mostly lower at the auction Monday as the market awaits the decision of the U.S. Federal Reserve later this week on key interest rates.
MB member Anita Linda Aquino resigns
Monetary board member Anita Linda Aquino, just under four years as member of the policy-making body of the Bangko Sentral ng Pilipinas, has resigned in the wake of a scandal involving ghost central bank employees.
GoTyme launches multi-currency time deposit
GoTyme Bank, the digital banking unit of the Gokongwei group, has launched a dollar-based time deposit product that it said is most accessible in the market.
Malacanang seen acting decisively on MB members ostensibly hiring ghost employees
The Office of the President is certain to act quickly on the matter involving the hiring and subsequent resignation of absentee Bangko Sentral ng Pilipinas (BSP) employees ostensibly hired by members of the policy-making, seven-member Monetary Board.
