Banking & Insurance
India’s Lentra taps opportunities in SME lending
Lentra, an India-based digital lending cloud platform, has marked its foray into the ASEAN Region by setting up operations in the Philippines.
BSP coin exchange a success; collected coins since June 20 worth P47M
In a little over two months since the Bangko Sentral ng Pilipinas deployed coin deposit machines in various retail centers in Metro Manila, the value of coins collected since the program was launched on June 20 through August 24 has already reached P47 million.
Fed’s Powell: higher rates may be needed, will move ‘carefully’
The Federal Reserve may need to raise interest rates further to cool still-too-high inflation, Fed Chair Jerome Powell said on Friday, promising to move with care at upcoming meetings as he noted both progress made on easing price pressures as well as risks from the surprising strength of the U.S. economy.
Asia’s worries over currency volatility get in the way of rate cuts
A spurt in the U.S. dollar and China's defense of the yuan are forcing Asian central banks to step up interventions in their weakening...
PERA HUB offers new mobile app, virtual card
Consumer financial services provider PERA HUB has launched a more enhanced and inclusive mobile app with a new virtual card feature that enables users to...
