Banking & Insurance

Finance chief warns against further VAT exemptions 

Finance Secretary Benjamin Diokno on Wednesday warned against legislating further exemptions to the Value-Added Tax law could undermine the country’s already robust fiscal performance...

BSP bares list of entities barred from seeking MSB license

The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) on Monday came down hard on a number of enterprises who conducted business without...

BAP launches dollar-peso cross currency swap market

The Bankers Association of the Philippines (BAP) launches the dollar-peso cross currency swap (USDPHP CCS) market in line with its commitment to promote market...

BAP welcomes Remolona as new BSP chief

The Bankers Association of the Philippines (BAP) welcomes the appointment of Eli Remolona, a Monetary Board member, as the new Governor of the Bangko...

CIMB Bank Manila looks to double digital depositor base by year end

The onboarding of depositors at CIMB Bank Philippines is seen hitting half a million by the end of the year, based on estimates by...

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