Bank of the Philippine Islands (BPI) booked a record P62 billion in net profit last year, up by 20 percent, as its loan ...

BSP Governor Eli Remolona has hinted at a 50 basis point cut in the monetary policy rate this year and a 200 basis point cut in the banks’ reserve requirement in the middle of the year.

BAGUIO, Philippines  — The Philippine central bank could cut its key policy rate by at least at least 50 basis points this ...