No, this is not about corporate social responsibility. CSR has been exploited in recent years to deodorize corporate behavior. Beyond press releases, conferences, and some Anvil awards, little sustainable good happened.
The recent lifting of the interest rate ceiling on credit cards by the Bangko Sentral ng Pilipinas is seen boosting the interest earnings of Philippine banks by as much as P40 billion, according to Fitch Ratings.
The higher ceiling on interest rates or finance charges on all credit card transactions is seen aiding banks cover the cost of helping consumers amid the series of aggressive rate hikes delivered by the Bangko Sentral ng Pilipinas last year.
That’s the title of the second book on ethics to be published by the Financial Executives Institute of the Philippines (FINEX). The first volume titled Ethics: Black, White, or Gray? was released in 2018, and both book projects were spearheaded by FINEX Liaison Director Florencia Gozon Tarriela.
Biz-led advocacy group calls for higher education budget radyonatin.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from radyonatin.com Daily Mail and Mail on Sunday newspapers.