Latest News for: asan
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BSP expands online access to PERA
The Philippine Star 21 Mar 2026
Filipinos now have more convenient ways to open a Personal Equity and Retirement Account as the Bangko Sentral ng Pilipinas expands digital access to the government-backed retirement savings program through its Open Finance initiative ....
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Financial system resources expand to P36 trillion
The Philippine Star 21 Mar 2026
The total resources of the Philippine financial system rose to P36.33 trillion as of end-January, reflecting continued expansion in bank and non-bank balance sheets, based on preliminary data from the Bangko Sentral ng Pilipinas ....
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Salmon Bank reports strong performance in 2025
The Philippine Star 20 Mar 2026
Salmon Bank (Rural Bank) Inc. posted strong growth across key financial indicators in 2025, driven by rising customer adoption and sustained lending activity, while maintaining profitability and asset quality ....
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BOP shortfall widens to $2.3 billion in February
The Philippine Star 20 Mar 2026
The country’s balance of payments position swung to a $2.3-billion deficit in February, as wider external payments tied to the trade deficit and foreign debt obligations weighed on the country’s external position ....
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Fitch: Philippines A-rating bid at risk from oil shock, growth slowdown
The Philippine Star 19 Mar 2026
The Philippines’ path toward an “A” credit rating may face renewed headwinds as external shocks and lingering domestic issues weigh on growth, according to Fitch Ratings ....
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Peso crosses 60:$1 territory
The Philippine Star 19 Mar 2026
he peso plunged past the key 60-per-dollar level for the first time in history yesterday, closing at a new record low as strong dollar demand, elevated oil prices and geopolitical tensions continued to weigh on the local currency ....
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Oil shock may trigger policy response – BSP
The Philippine Star 17 Mar 2026
The Bangko Sentral ng Pilipinas warned that a fresh surge in global oil prices driven by tensions in the Middle East could prompt policy action, as risks to inflation and financial stability re-emerge after a period of easing ....
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SMBC names Balangue as head of corporate banking in Philippines
The Philippine Star 17 Mar 2026
Japan’s Sumitomo Mitsui Banking Corp. has appointed veteran banker Maria Angelica Balangue as head of its corporate banking department in the Philippines, strengthening its push to expand large corporate business in the country ....
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Fintech group pushes higher capital base for lending firms
The Philippine Star 16 Mar 2026
A fintech industry group is urging regulators to raise the minimum capitalization for lending companies, saying stronger capital requirements would ensure only serious players operate in the fast-growing digital lending market ....
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BSP seen among first in ASEAN to hike rates
The Philippine Star 16 Mar 2026
The Bangko Sentral ng Pilipinas could be among the first central banks in Southeast Asia to raise interest rates again as rising energy prices threaten to push inflation higher, according to Nomura Global Markets Research ....
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Current account deficit narrows to $16 billion in 2025
The Philippine Star 15 Mar 2026
The country’s current account deficit narrowed in 2025 as stronger exports, record remittances from overseas Filipinos and resilient services receipts helped cushion the country’s external position despite global economic uncertainties.
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Foreign debt slips to $147.65 billion in Q4
The Philippine Star 15 Mar 2026
The country’s foreign debt edged lower in the fourth quarter of 2025, reflecting net sales of Philippine debt securities by non-residents and favorable currency movements, according to the Bangko Sentral ng Pilipinas ....
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