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A lawmaker lauded the decision of the Bangko Sentral ng Pilipinas (BSP) to keep the current 2-percent per month or 24-percent per annum limit to credit card interest rates. In a statement issued last Wednesday, Makati City Rep. Luis N. Campos Jr. called it “a highly positive move to safeguard…
Unicapital Inc., a leading independent, full-service investment house, has won the 2022 “Innovative Deal of the Year” award from the Asian Banking & Finance (ABF) magazine of Singapore-based Charlton Media Group Pte. Ltd. for the successful P6.4-billion initial public offering (IPO) this year of the country’s first-ever renewable energy-focused real…
BANK lending posted double-digit growth in October driven by the rise in consumer loans which jumped by more than 20 percent during the period, according to the Bangko Sentral ng Pilipinas (BSP). BSP data showed bank lending grew 13.9 percent to P10.555 trillion in October from P9.267 trillion in October…
OVER a million users of the e-wallet app of Asia United Bank (AUB) Corp. can now make cross-border payments as the lender tapped the use of the Alipay-Plus system owned by Hangzhou, China-headquartered Ant Group Co. Ltd. AUB said the use of Ant’s Alipay-Plus will make it the first Philippine…
SINGAPORE-based technology firm Lista Technologies Pte. Ltd. seeks to help spread financial literacy to Filipinos. Lista Co-founder Aaron Villegas said the demand for money-saving tips became prevalent during the pandemic. “Being aware of how we spend is one of the best ways to utilize money. Through personal budgeting on [the]…