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Friday, 28 June 2024
16 Jun 2024
8:48AM

‘A bank is forever’: remember Far East Bank and Trust Co.?

The existence of the Far East Bank and Trust Company – FEBTC or Far East Bank depending on the era – may already be a distant memory. But let's look back on the history of what used to be one of the country's premier financial private institutions which in 1999-2000 merged with the Bank of the Philippine Islands in a mega deal.
10 May 2024
3:52PM

BSP to maintain cautious stance, 50 basis point rate cuts possible in 2nd half of 2024, BPI says

The Bangko Sentral ng Pilipinas (BSP) is expected to maintain a cautious approach to monetary policy, likely keeping key interest rates steady through the first half of the year before possible rate reductions of around 50 basis points in the second semester, according to Bank of the Philippine Islands (BPI)
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