Households and businesses had huge appetite for loans in the third quarter but faced tight credit standards from banks, which are likely to stay cautious when lending for the rest of the year as many borrowers still struggle to pay their debts amid
FILE / STOCK Thousands of internet-linked assets used by Filipino banks and other financial service providers are exposed to digital threats, according to cybersecurity firm Tenable, raising the need for stronger digital defenses to ward off hackers
acegame BSP trims banks’ cash requirement
2024-10-22INQUIRER FILE PHOTO The Bangko Sentral ng Pilipinas (BSP) on Friday announced it will further reduce the reserve requirement ratio (RRR) of banks in a bid to inject more liquidity to the domestic economy. The BSP will cut the RRRs by 250 basis point
FILE PHOTO: This picture taken on April 7, 2023, shows residential buildings and apartments in Guangzhou in Chinas southeastern Guangdong Province. (Photo by LUDOVIC MARIN / Agence France-Presse) BEIJING Six of Chinas biggest banks said they would t
Hours after Mayor Eric Adams announced the resignation of New York City’s deputy mayor for public safety on Monday, officials said two lower-level aides who have also figured prominently in federal investigations swirling around City Hall were depar
BEIJING: China on Friday (Sep 27) cut the amount banks must hold in reserve, a bid to boost its flagging economy by releasing an estimated US$142.6 billion in liquidity into the financial market. The move, announced by China's central bank, comes a
For the past two decadesnuebe gaming, European banks have lurched from crisis to crisis, leading to government bailouts and stifling the sector’s growth. But financial industry leaders have been abuzz this month after UniCredit, a profitable Italian
David C. Banks, the chancellor of New York City’s public school systemmanaloplay, said on Tuesday that he would resign from his post at the end of December. The announcement came just weeks after federal agents seized Mr. Banks’s phone as part of a
North Carolina park officials were warning visitors to avoid the beaches of the Outer Banks in Rodanthe this weekend after two houses collapsed into the ocean within hours of each other.betinm In the early hours of Friday, an unoccupied house on G.A