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A service for banking industry professionals · Saturday, December 14, 2024 · 768,952,602 Articles · 3+ Million Readers
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Bank of the Philippine Islands News Monitoring

  • Published on Dec 13, 2024

    PSEi flat ahead of US Fed’s move

    The local bourse barely moved on Thursday as traders remained cautious ahead of the American central bank’s monetary policy stance, which could influence movement at home. The benchmark Philippine Stock Exchange Index (PSEi) closed flat as it lost 0.02 …

    Source: Inquirer - Business - Neutral
  • Published on Dec 13, 2024

    Faster inflation in US kept PSEi in the red

    The local bourse mirrored declines overnight at Wall Street after the United States’ latest inflation data turned out higher than expected. By the end of the session, the benchmark Philippine Stock Exchange Index (PSEi) slid by 0.37 percent or 24.84 points …

    Source: Inquirer - Business - Neutral
  • Published on Dec 12, 2024

    PSEi slides on disappointing economic data

    INQUIRER FILES Disappointing economic data dampened investor sentiment on Wednesday, causing the local bourse to slide below 6,700. The benchmark Philippine Stock Exchange Index (PSEi) shed 1.22 percent, or 82.11 points, to close at 6,642.71. Article …

    Source: Inquirer - Business - Neutral
  • Published on Dec 11, 2024

    Bargain hunting lifts PSEi back to 6,700

    The local bourse reclaimed the 6,700 level on Tuesday as investors brushed off lower investment data and went on a last-minute bargain-hunting spree. By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) added 0.66 percent, or 44.25 …

    Source: Inquirer - Business - Neutral
  • Published on Dec 11, 2024

    RCBC Announces Leadership Restructuring and Key Appointments

    Free Newsletter Get the hottest Fintech Philippines News once a month in your Inbox Rizal Commercial Banking Corp. (RCBC) is undergoing a significant leadership reshuffle as part of its strategy to accelerate digital transformation and pursue new growth …

    Source: Fintech News Philippines - Neutral
  • Published on Dec 10, 2024

    BIZ BUZZ: Naia to bid turboprops adieu

    After the terminal reassignments at the Ninoy Aquino International Airport (Naia), the next bold reform that the San Miguel-led concessionaire will introduce to erase the “worst airport in the world” stigma is to move smaller, turboprop aircraft out of the …

    Source: Inquirer - Label Pending
  • Published on Dec 10, 2024

    RCBC bares leadership reshuffle

    Keisha Ta-Asan - The Philippine Star December 11, 2024 | 12:00am MANILA, Philippines — Rizal Commercial Banking Corp. (RCBC) has announced key leadership changes, including the appointment of Reginaldo Anthony Cariaso as deputy chief executive officer (CEO …

    Source: Philstar - Pro-Government
  • Published on Dec 10, 2024

    ALI raises P2.8B via placement of AREIT shares

    LISTED property developer Ayala Land, Inc. (ALI) has raised P2.78 billion by selling 75 million shares of AREIT, Inc., its real estate investment trust, at P37 per share. The sale was made through a placement agreement with BPI Capital Corp., the …

    Source: Business World - Label Pending
  • Published on Dec 10, 2024

    PSEi slips below 6,700 ahead of investment data

    Local stocks slipped on Monday as investors awaited the latest foreign direct investment (FDI) data. By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) shed 0.72 percent, or 48.57 points, to 6,680.57. Likewise, the broader All Shares …

    Source: Inquirer - Business - Neutral
  • Published on Dec 8, 2024

    Big banks post double-digit growth in loans, assets in Q3

    THE COMBINED ASSETS and loans of the Philippines’ biggest banks rose by double digits in the third quarter, amid increased economic activity. The latest edition of BusinessWorld’s quarterly banking report showed that the aggregate assets of 44 universal …

    Source: Business World - Label Pending
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