East & Partners

Country: Philippines

(Philippines) – The Commonwealth Bank of Australia has confirmed it is in talks with Canada’s Manulife Financial Corp to sell...

(Philippines) – The Philippines’ third largest bank, Equitable PCI Bank, will sell its no-frills unit, Ecology Savings Bank, to East...

(Philippines) – The Philippines Central Bank (BSP) has approved banks being able to use a portion of their dollar deposits...

(Philippines) – The Philippines’ non-performing loan (NPL) ratio amongst its commercial banks climbed to 18.23 percent in April from March’s...

(Philippines) – Citibank is reportedly looking at acquiring three possible local Philippine savings banks as a means of expanding its...

(Philippines) – The Philippines’ largest bank, Metropolitan Bank and Trust Co (Metrobank), has delivered a near 50 percent jump in...

(Philippines) – The Asian Development Bank extended US$5.34 billion in loans to developing member countries last year, down 5.5 percent...

(The Philippines) – Philippine’s Central Bank has approved a plan to compel banks to change their external auditors every three...

(Philippines) – In a novel technique to repay part of state-owned National Power Corp’s (Napocor’s) US$4 billion foreign debt, the...