Loans extended by banks to the agriculture sector reached P1.7 trillion in the first half of the year as banks allocated ...
THE PHILIPPINE banking system’s gross nonperforming loan (NPL) ratio eased in September, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.
In its 2024 “Philippine Financial System for the First Semester” report, the BSP said the amount covered 192.4 percent of their total loanable funds amounting to P912.7 billion. However, compared to ...
Banks stepped up their support to agriculture in the first half of 2024 by exceeding their mandated lending quota for the important—but long-neglected—sector, the Bangko Sentral ng Pilipinas ...
Credit growth improved for the third straight month to 11 percent in September as the Bangko Sentral ng Pilipinas (BSP) ...
THE PHILIPPINE banking sector is seen to continue its growth trajectory amid expectations of rising loan activity, the Bangko Sentral ng Pilipinas (BSP) said.
THE collective bad loan ratio for Philippine banks edged down in September, data from the Bangko Sentral ng Pilipinas (BSP) showed, improving to 3.47 percent from 3.59 a month earlier but higher than ...
The LifeStrategy funds feature predetermined allocations of stocks and bonds based on different goals, such as growth, income, or a balance of both. VASIX targets the latter with an allocation to ...
Introduction the federal fund rate How the federal funds rate works How does the federal funds rate affect the economy? How does the federal funds rate affect you? FAQs Introduction the federal ...
On the whole, sustainable funds are on the rise, with a total of 303 funds as of the end of 2019 (up from 270 at the end of 2018). But these funds tend to have different definitions of what it ...
American Funds' parent Capital Group announced that veteran manager Donald O'Neal will step off American Funds Investment Company of America and retire from the firm on Jan. 1, 2025. O'Neal has ...
This strategy involves purchasing broadly diversified, low-cost index funds; consistently dollar-cost averaging your contributions; reinvesting dividends; and maintaining your investment course ...