Tuesday, October 21, 2025

Banking & Finance

Upon completion of Al Amanah Bank sale: DBP MULLS SETTING UP ISLAMIC BANKING UNIT

State-owned Development Bank of the Philippines (DBP) is open to establishing an Islamic banking unit (IBU) once it has completed the sale of Al...

BOJ set to keep rates steady, offer cautious optimism on outlook

TOKYO — The Bank of Japan is expected to keep interest rates steady next week and signal its cautious optimism the economy appears to...

Rural Bank of Sta. Rosa renamed Salmon Bank

The Bangko Sentral ng Pilipinas (BSP) has approved the corporate name change of Rural Bank of Sta. Rosa (Laguna) Inc. to Salmon Bank (Rural...

BoE to hold rates on Sept 18 and cut in Q4 but more economists see no move this year

BENGALURU — The Bank of England will keep its key policy rate on hold on September 18 as inflation is creeping up, but it...

ECB policy makers keep rate options open amid uncertain outlook

FRANKFURT — European Central Bank policymakers were keeping their options open on Friday about possible future interest rate cuts, flagging an uncertain outlook for...
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