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FCDU loans up slightly in Q4 2016

By Philippine News Agency Outstanding loans granted by Foreign Currency Deposit Units (FCDUs) of banks reached USD 12.5 billion at end-December 2016, up USD 75…

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P70-B RTB sale surpasses goal

By Philippine News Agency The Philippine government on Tuesday (March 28) sold P70 billion worth of risk-free three-year retail treasury bonds (RTBs), more than twice…


ANZ sees hike in BSP rates in Q3 ‘17

By Philippine News Agency Melbourne-headquartered ANZ forecasts a hike in the Bangko Sentral ng Pilipinas’ (BSP) key rates in the third quarter of 2017 as…

MB FILE—Asian Infrastructure Investment Bank. Reuters |

AIIB approves 13 new members

By Agence France-Presse The China-backed Asian Infrastructure Investment Bank (AIIB) said Thursday it has approved 13 new prospective members including Canada, in a coup for…