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China Bank bags top PDS awards

China Banking Corporation and its investment banking arm China Bank Capital bagged top honors at the recent 2022 PDS Awards of the Philippine Dealing System Holdings Corp. and Subsidiaries (PDS) Group. China Bank won the Cesar E.A. Virata Award (Bank Category), the highest distinction that the PDS

2021 PH LGBT+ Workplace Inclusion Survey: Understanding the Inclusive Environment

LGBT+ Workplace Inclusion Survey As soon as the virus expanded over the world, digital use and globalization became increasingly apparent. The truth is that the health crisis has intensified the push for technology adoption, resulting in a rise in mobile technology use and corporate innovation. As

Banks NPL, PDL ratios rise in March – BSP – Manila Bulletin

Published May 11, 2021, 11:48 AM Banks continue to report an increasing gross non-performing loans (NPL) ratio of 4.21 percent and past due ratio of 5.34 percent in March in an expected trend resulting from borrowers’ difficulty in paying their loans amid the public health crisis. The last time gross NPL was at this level was in March 2009 and in November 2008 for the past due ratio, based on Bangko Sentral ng Pilipinas (BSP) data. The soured loans ratio first went past four percent, and five percent for the past due ratio, in February this year. At the end of 2020, the first pandemic year, the gross NPL ratio was at 3.63 percent and the past due ratio was at 4.46 percent.

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