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Wednesday, March 22, 2023
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RIZAL Commercial Banking Corp. Photo by SOFJ

'First tier' PH banks seen 'managing fine'

BIGGER domestic banks are expected to perform better than their smaller counterparts in an uncertain business environment highlighted by higher inflation and interest rates, a Fitch Group unit said in a report on Tuesday. CreditSights affirmed a neutral or "market perform" recommendation for three "first tier" banks — BDO Unibank Inc., Metropolitan Bank and Trust Co. (Metrobank), Bank of the Philippine Islands (BPI) — and "second tier" Rizal Commercial Banking Corp. (RCBC). An "underperform" outlook, meanwhile, was retained for three other "second tier" institutions: Security Bank Corp.,

By Niña Myka Pauline Arceo - March 22, 2023

Economy 'far from being down and out'

BoP deficit posted in Feb but tally still positive

Pag-IBIG cash loans hit P53.76B, record 2.6M members benefit

Peso, stock market up as banking fears ease

SFA Semicon Phil. Corp Notice of Annual Stockholders' Meeting

2GO Group Inc. Notice of Annual Stockholders' Meeting

Up to P37.8B lost due to illegal fishing yearly

DoubleDragon plans US dollar bond sale

Upson listing's final version OK'd by PSE

Robinsons Land extends share buyback program

680-MW Batangas solar power project launched by Citicore

Megawide pays P1.07-M fine levied by regulators

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Maritime Industry Authority Administrator Hernani Fabia with the head of the delegation of the Netherlands Group, Paul van Gurp, from the Netherlands Ministry of Infrastructure and Water Management. PHOTO by Wilmar Almeria

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