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Wednesday, February 21, 2018

(MANILA BULLETIN)

Metrobank slapped by BSP with higher risk cover

By Lee Chipongian  The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has required Metropolitan Bank and Trust Co. (Metrobank) to set aside a…

White House Office of Management and Budget Director Mick Mulvaney speaks about of U.S. President Donald Trump's budget in the briefing room of the White House in Washington, U.S., March 16, 2017. (REUTERS/Kevin Lamarque / MANILA BULLETIN)

Trump appoints new head of financial watchdog

By Agence France-Presse US President Donald Trump on Friday appointed White House budget director Mick Mulvaney to head a financial watchdog that the administration has…

(Taylor Weidman / Bloomberg / MANILA BULLETIN)

Remittances down in September

By Chino Leyco Money sent home by overseas Filipinos (OFs) declined in September this year, data from the Bangko Sentral ng Pilipinas (BSP) showed Wednesday.…

(PIXABAY / MANILA BULLETIN)

Inflation quickens to three-year high last month

By Chino Leyco The rate of increase in consumer prices accelerated to its fastest pace in three-years last month amid quicker cost adjustments in food…

Bangko Sentral ng Pilipinas (BSP.GOV.PH / MANILA BULLETIN)

BSP eases rule to increase funds for MSMEs

By Lee Chipongian  The Bangko Sentral ng Pilipinas (BSP) has significantly lowered the risk weight imposed on banks’ loans to the micro, small and medium…