Hon. Sergio Apostol’s Speech

Central Bank okays Marayo Bank branch in Hinobaan

sunstar.com.ph

THE Banko Sentral ng Pilipinas (BSP) recently approved the request of Marayo Bank Inc., a rural bank, for authority to establish a branch in Hinoba-an, Negros Occidental. Franklin Fuentebella, chairman of Marayo Bank Inc., said this will be the second branch that Marayo Bank will open this year foll...

BSP supports quicker roll-out of national ID system

business.mb.com.ph

Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr., a staunch supporter and advocate of the national digital identification (ID) system, said that with both Congress and Senate’s approval of the Philippine ID System bill, he expects the roll-out of the national ID to be earlier tha...

PH banks’ growth to continue but will strain capitalization – Moody’s

business.mb.com.ph

Moody’s Investors Service said yesterday domestic banks’ loans and revenue growth will continue this year but sees some stress on the industry’s effort to match growth with required capitalization.