Banking Philippines Latest Information

 

PH market prepares for mobile banking boom
FOR those wondering about the prospects of mobile banking—a key tool for the Rural Bankers Association of the Philippines (RBAP)—this year, Information and Communications Technology (ICT) research firms have made a prognosis that is sure to make any rural bank executive excited.

Metrobank Philippines Opens Branch in Changzhou National Hi-Tech District, China
CHANGZHOU, China, Feb. 8, 2012 /PRNewswire-Asia/ -- Metrobank (China) opened its Changzhou branch in Changzhou National Hi-Tech District (CND) on December 28, 2011. As Metrobank (China)'s first branch ...

Philippines - Market factors to watch - Feb 6
MANILA, Feb 6 (Reuters) - Here are news stories andpress reports which may influence local financial markets onMonday: WHAT IS HAPPENING TODAY IN THE PHILIPPINES: - Bureau of Treasury to hold Treasury ...

Krishnan: We are poised for growth
SUN Life Grepa Financial Inc., the result of a joint venture between Sun Life Financial and Rizal Commercial Banking Corp., is seen to post double-digit growth in its first full-year of operations, the company’s top official said.

PDIC launches regular meeting with bankers
THE Philippine Deposit Insurance Corporation (PDIC) recently hosted a roundtable conference with the Rural Bankers Association of the Philippines (RBAP), launching its annual program of meeting with banking industry stakeholders in dialogues that are intended to enhance the public service mandate of PDIC.

Banking on economic growth: A 2011 industry roundup
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Banking through the mobile phone with BanKO
Talk about branches yielding to online banking, BPI Globe BanKO, a savings bank owned by the Ayala Group of Companies and Globe Telecoms, offers an unorthodox banking experience.

Banking on new technology
RADIO frequency identification (RFID) technology specialist MDT Innovations Sdn Bhd is aiming for US$58 million (RM174 million) in revenue this year driven by its new RF (radio frequency) SIM card technology.

RCBC hits record P5B profit in 2011
MANILA, Philippines - Yuchengco-led Rizal Commercial Banking Corp. (RCBC) reported a record P5.01 billion in unaudited net income for 2011.

SE Asia Stocks-Manila, Jakarta underperform
* Rallying Philippine retreat; Indonesia at week low * Profit taking hits banking, consumer shares * Commodities-related shares lift S'pore, Thailand By Viparat Jantraprap Feb 7 (Reuters) - Stocks in the ...

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