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News in brief November 10, 2016

News in brief November 10, 2016

P/$ rate closes at P48.59/$1 The peso closed  lower  at P48.59 to the US dollar yesterday at the Philippine Dealing & Exchange Corp. (PDEx) from …

Bank of China logo

Bank of China sets PH roadshow

By Bernie Cahiles-Magkilat Bank of China will conduct a funding roadshow for small and medium enterprises (SME) in Davao as part of the $3-billion credit…

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

BSP opens microfinance conversion to regular banks

By Lee C. Chipongian Microfinance-oriented thrift and rural banks that have grown significantly could convert into regular banks to improve financial services and increase loans…

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Insular Life launches the First Million Fund

By Anonymous The millennial generation is today’s emerging market for financial products. Estimated to be 26 million in number as of June 2016 by the…