RCBC at 62: Business heads push digital agenda to make banking more relevant

The next generation of bank customers are digital natives, and they expect their banks to keep up with their rapidly evolving financial needs. Rizal Commercial Banking Corporation (RCBC) may be 62 years old now, but the business heads behind all those successful years are determined to lead an enterprise-wide digital transformation to prove that the […]

BSP raises key rates to tame inflation

THE PHILIPPINE central bank raised benchmark interest rates on Thursday for a fifth time this year to rein in persistently high inflation amid a struggling peso and hawkish US Federal Reserve. The Bangko Sentral ng Pilipinas (BSP) increased its overnight borrowing rate by 50 basis points (bps) to 4.25% effective Friday, and its corresponding lending […]

Dah Sing Bank and Friends of the Earth (HK) Jointly Present Retail and E-Commerce ESG Forum for SMEs

HONG KONG, Sep 21, 2022 – (ACN Newswire via SEAPRWire.com) – The second industry forum (the “Forum”) under the SME ESG Best Practices Recognition Programme (“the Programme”) took place today under the joint auspices of Dah Sing Bank, Limited (“Dah Sing Bank”) and Friends of the Earth (HK) (“FoE HK”). It gathered business and industry […]

Dubai biz magazine names CitySavings as fastest growing savings bank in PH

CITY Savings Bank (CitySavings), the thrift bank arm of Union Bank of the Philippines, has bagged another international recognition as the Philippines’ fastest growing savings bank at the 2022 International Business Magazine Awards.The Dubai, UAE-based publication recognized CitySavings for its excellent performance and drive for growth amidst the business challenges. “City Savings Bank from the […]

BSP, PhilSA, DoST install satellite internet services for two rural banks

THE Bangko Sentral ng Pilipinas (BSP) and other agencies have test deployed satellite internet services for two rural banks to help boost their operations and give their clients better access to financial services in remote areas. The central bank, the Philippine Space Agency (PhilSA), and the Department of Science and Technology-Advanced Science and Technology Institute […]