Rappler's latest stories on banking
A drastic slowdown in domestic consumption, public infrastructure delays, and postponement of private investments due to the coronavirus are seen to drag down growth in 2020
The World Bank says the coronavirus pandemic is causing 'an unprecedented global shock, which could bring growth to a halt and could increase poverty' across East Asia and the Pacific
UnionBank is rolling out 'the country’s first-ever 5G mobile banking kiosk' to serve customers in various areas in Metro Manila during the enhanced community quarantine brought about by the coronavirus pandemic
The People's Bank of China launches more measures to counter the coronavirus pandemic's economic impact
The European Central Bank urges banks to lend to households and businesses during the coronavirus pandemic
The Reserve Bank of India says conventional and non-conventional measures are needed to tackle the coronavirus pandemic
'It is imperative at this moment to provide a global sense of relief for developing countries,' say the International Monetary Fund and the World Bank in a joint statement
The European Central Bank eases rules to free up more funds that financial institutions can use for loans to households and corporate customers
Starting on Monday, March 23, certain dollar liquidity operations among the banks will occur daily rather than weekly
'The spread of COVID-19 and the measures being taken to contain the virus will result in an economic shock that could be sharp and large, but should be temporary,' says the Bank of England
Most banks offer a 30-day grace period for qualified credit cardholders as well as home, auto, and personal loan clients
The European Central Bank's Pandemic Emergency Purchase Program involves buying government and corporate bonds to keep liquidity flowing
David James Roach is sent back by Britain after being detained there in 2018 en route to Canada
US banks were blamed during the 2008 financial crisis. Now, they're 'going to try to put their best foot forward.'
'There is a lot more work to do,' says International Monetary Fund Managing Director Kristalina Georgieva
'Japan's economic activity is likely to remain weak for the time being, mainly affected by the outbreak of COVID-19,' says the Bank of Japan
New Zealand Prime Minister Jacinda Ardern says the economic impact of the coronavirus on the country 'could be greater than the global financial crisis'
Christine Lagarde, president of the European Central Bank, comes under fire for the ECB's response to the novel coronavirus
The People's Bank of China will reduce the amount of cash banks must hold, which would free up more funds for loans
'This is not something that stops at national borders, we need to work together,' says International Monetary Fund spokesman Gerry Rice
The European Central Bank launches a flurry of measures to cushion the impact of the coronavirus, including increased bond purchases and cheap loans to banks
The Asian Development Bank says operations will continue, but employees will be working from home starting Thursday, March 12
The British government outlines a fiscal stimulus worth £30 billion ($39 billion) in response to the novel coronavirus outbreak
The International Monetary Fund instructs its employees to work from home on Friday, March 13, as part of 'crisis preparedness efforts'
(UPDATED) The International Monetary Fund urges policymakers to help households and businesses through a 'coordinated, international response'
S&P Global Ratings expects the Asia-Pacific region to grow 4% in 2020, which would be the worst performance since a contraction in 2008 caused by the global financial crisis
Critics question how much more the European Central Bank can do to deal with the economic impact of the novel coronavirus
(UPDATED) 'At a time of uncertainty...it is better to do more than to do not enough,' says International Monetary Fund Managing Director Kristalina Georgieva
The funds, some of which are targeted to the world's poorest nations, can be used for medical equipment or health services, among others
'Given growing health concerns related to the virus,' the April 16 to 18 meetings of the International Monetary Fund and World Bank will be done in a 'virtual format'
But Israeli Prime Minister Benjamin Netanyahu has been accused before previous elections of making last-minute plays to energize his right-wing base
While they have yet to receive a request for aid, the International Monetary Fund and World Bank 'have now developed contingency plans'
The World Bank has $18.7 billion earmarked for conflict-affected countries through its poverty-reduction grant arm
The Asian Development Bank says half of the amount will be used for the government's ambitious infrastructure push
Here are the banks which will have certain branches open on Tuesday, February 25, 2020
A study finds that World Bank 'aid disbursements to the most aid-dependent countries coincide with significant increases in deposits held in offshore financial centers'
COA adjusts the payout figure to Landbank to a lower amount compared to the original claim of P87.05 million and the amended claim of P92.27 million
The People's Bank of China offers special funding in the battle against the novel coronavirus outbreak
A manhunt is underway for the driver in the car-ramming, who fled the scene in the heart of west Jerusalem after the attack
European Central Bank chief Christine Lagarde's remarks place the novel coronavirus on the same level of menace to growth as trade tensions and geopolitical flashpoints
The World Bank says it will revise its estimates downward 'for at least the first part of 2020,' as the novel coronavirus outbreak threatens global supply chains
If the epidemic reaches the same severity as the Spanish flu in 1918, it could cost the global economy between 1% and 10% of growth, says World Bank President Jim Yong Kim
The People's Bank of China says it will maintain 'reasonable and abundant liquidity' in the banking system, as well as a stable currency market, during the novel coronavirus outbreak
UnionBank's strategy? Digital transformation while maintaining lean operations.
Filipinos overseas can donate cash through BDO Remit offices for free from January 14 to March 31
Climate risks could generate a 'green swan' – a reference to the concept of an unpredictable and devastating 'black swan' event developed by philosopher Nassim Nicholas Taleb
The World Bank projects the global economy will grow by 2.4% in 2020. But forecasts for nearly every country are cut compared to previous estimates.
The Bangko Sentral ng Pilipinas wins in two cases against two shuttered rural banks in Iloilo and Antique over violations of the General Banking Law of 2000
The late Paul Volcker was a hero for saving the Philippine peso during the worst economic crisis of the 1980s
The Bank of Japan's Tankan business survey is considered to be the broadest indicator of how Japan Incorporated is faring