Banking & Finance

 

11 April 2021

  • BSP adopts policy analysis model developed with IMF
    THE Bangko Sentral ng Pilipinas (BSP) announced last Thursday it has recently adopted a new policy analysis model for the formulation of monetary policy decisions and forecasts in the country. In a virtual briefing on, BSP governor Benjamin Diokno said the new framework, called Policy Analysis Model for the Philippines (PAMPh) is a re-specified and […]
  • DOF cites capital infused to LBP, DBP hits P53.3 billion
    THE Department of Finance (DOF) cited the capital of P53.3 billion in cash it infused into the Land Bank of the Philippines (LandBank) and the Development Bank of the Philippines (DBP) over a 5-year period is larger than the combined capital infusion from all administrations. The finance department said last Thursday that LandBank received a […]
  • Banks close for Day of Valor; adjust Saturday hours of operation
    LOCAL banks will be closing operations on Friday, April 9, in observance of the national day of Valor. Several banks announced on their social media pages their schedule and advised clients to call or use the online apps for their banking needs. “Our ATMs, Cash Accept Machines (CAMs), BPI Online and BPI Mobile app will […]
  • ADB raises $5 billion on 5-year bonds, to boost OCR
    THE Asian Development Bank (ADB) returned to the US dollar bond market to continue its efforts to boost its ordinary capital resources (OCR). In a statement, ADB said it raised $5 billion on five-year global bonds with a coupon rate of 1 percent per annum payable semi-annually and a maturity date of 14 April 2026. […]
  • The ‘science’ of membership marketing
    A couple of feedback from participants in our recent PCAAE webinar on “Top Tips for Recruiting and Retaining Members” has prompted me to write today’s column article. When we asked the attendees to name their key takeaways from the webinar, they mentioned that they now realize that membership marketing is a “science” and it involves […]

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