Displaying items by tag: loan
BPI downtime stretches out to second day as mistakes hold on
AYALA-LED Bank of the Philippine Islands (BPI) detached again its electronic channels on Thursday as some financial balances kept on reflecting erroneous exchanges, a day after a glitch deadened its framework. Electronic channels of the bank stayed difficult to reach for a moment day.
Protection firms liable to maintain twofold digit premium development
THE INSURANCE business could support a twofold digit development in its premiums for the entire year, the controller's boss stated, with firms to ride on the nation's strong development. The Insurance Commission (IC) is bullish that the segment can keep up a 20% expansion in its aggregate premium salary for 2017 after both life and non-disaster protection firms booked a 19.51% ascent in premiums to P57.035 billion in the main quarter.
BSP to open La Union credit surety support
THE CENTRAL BANK will open another credit surety finance (CSF) in La Union this week, which is relied upon to stretch out access to credit for little scale firms in the region. Thirteen cooperatives will pool P3.7 million for the new La Union credit surety finance.