<?xml version="1.0" encoding="ISO-8859-1"?>
<?xml-stylesheet type="text/xsl" media="screen" href="/news/revamped/rss2full.xsl"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:media="http://search.yahoo.com/mrss/">
<channel>
<title>GMA News Online / Economy / Money & Banking</title>
<atom:link href="http://www.gmanetwork.com/news/rss/economy/moneyandbanking" rel="self" type="application/rss+xml" />
<link>http://www.gmanetwork.com/news/economy/moneyandbanking</link>
<description></description>
<language>en-us</language>
<copyright>© GMA Network</copyright>
<pubDate>Wed, 19 Jun 2013 14:10:09 +0800</pubDate>
<item>
	<title><![CDATA[U.S. inflation data points to firming economy]]></title>
	<guid isPermaLink="false">tag:gmanetwork.com:news_story-313432</guid>
	<link>http://www.gmanetwork.com/news/story/313432/economy/moneyandbanking/u-s-inflation-data-points-to-firming-economy</link>
	<description><![CDATA[WASHINGTON&nbsp;- U.S. inflation showed signs of stabilizing in May after a long decline, a potential comfort to Federal Reserve policymakers who want to avoid any chance of a debilitating bout of deflation.]]></description>
	<pubDate>Wed, 19 Jun 2013 02:39:54 +0800</pubDate>
	<media:content url="http://www8.gmanews.tv/webpics/v3/2012/08/240_120813-thumb-usmarket.jpg" type="image/jpeg" />
</item>
<item>
	<title><![CDATA[World&#39;s richest expand their holdings and increase in number, survey says]]></title>
	<guid isPermaLink="false">tag:gmanetwork.com:news_story-313424</guid>
	<link>http://www.gmanetwork.com/news/story/313424/economy/moneyandbanking/world-s-richest-expand-their-holdings-and-increase-in-number-survey-says</link>
	<description><![CDATA[The number of millionaires in the world jumped 9.2 percent to 12 million last year, in part because of simultaneous strength in the stock, bond and real estate markets, according to a study of the high-net-worth population.]]></description>
	<pubDate>Wed, 19 Jun 2013 00:08:36 +0800</pubDate>
	<media:content url="http://www8.gmanews.tv/webpics/v3/2012/11/240_ZZZ_110812_economy.jpg" type="image/jpeg" />
</item>
<item>
	<title><![CDATA[Rural, cooperative banks incur higher 2012 NPL ratios on typhoons &mdash; Bangko Sentral]]></title>
	<guid isPermaLink="false">tag:gmanetwork.com:news_story-313337</guid>
	<link>http://www.gmanetwork.com/news/story/313337/economy/moneyandbanking/rural-cooperative-banks-incur-higher-2012-npl-ratios-on-typhoons-bangko-sentral</link>
	<description><![CDATA[The bad or non-performing loans of rural and cooperative banks accounted for 11.57 percent of the sector&#39;s P127.47-billion loan portfolio as of end-2012, a ratio higher than the 10.14 percent a year earlier, Bangko Sentral ng Pilipinas said Tuesday.]]></description>
	<pubDate>Tue, 18 Jun 2013 14:21:26 +0800</pubDate>
	<media:content url="http://www8.gmanews.tv/webpics/v3/2013/04/240_thumb-banking01.jpg" type="image/jpeg" />
</item>
<item>
	<title><![CDATA[Remittances grew faster in April &mdash; Bangko Sentral]]></title>
	<guid isPermaLink="false">tag:gmanetwork.com:news_story-313251</guid>
	<link>http://www.gmanetwork.com/news/story/313251/economy/moneyandbanking/remittances-grew-faster-in-april-bangko-sentral</link>
	<description><![CDATA[
	Cash remittances recovered in April after a slowdown the month previous, Bangko Sentral ng Pilipinas data released Monday showed. Money transfers by Filipinos working and living abroad that were coursed through banks grew at annual rate of 6.1 percent to $1.804 billion in April&mdash;significantly faster than the 3.0 percent posted in March which was the slowest in over three years.&nbsp;
]]></description>
	<pubDate>Mon, 17 Jun 2013 19:23:58 +0800</pubDate>
	<media:content url="http://images.gmanews.tv/photoblogs/albums/userpics/10001/ZZZ_041107_business.jpg" type="image/jpeg" />
</item>
<item>
	<title><![CDATA[Only 22.4% of households to have savings in Q2 &ndash; BSP survey]]></title>
	<guid isPermaLink="false">tag:gmanetwork.com:news_story-313133</guid>
	<link>http://www.gmanetwork.com/news/story/313133/economy/moneyandbanking/only-22-4-of-households-to-have-savings-in-q2-bsp-survey</link>
	<description><![CDATA[Only 22.4 percent of households expect to have savings for the second quarter of the year, according to the latest Consumer Expectations Survey conducted by the Bangko Sentral ng Pilipinas. The percentage is a slight decline from the first quarter, which recorded 24.5 percent households expecting to have savings for the period.]]></description>
	<pubDate>Sun, 16 Jun 2013 16:55:16 +0800</pubDate>
	<media:content url="http://www8.gmanews.tv/webpics/v3/2012/12/240_thumb-saving-a.jpg" type="image/jpeg" />
</item>
<item>
	<title><![CDATA[Singapore punishes 20 banks for trying to rig lending, currency rates]]></title>
	<guid isPermaLink="false">tag:gmanetwork.com:news_story-312951</guid>
	<link>http://www.gmanetwork.com/news/story/312951/economy/moneyandbanking/singapore-punishes-20-banks-for-trying-to-rig-lending-currency-rates</link>
	<description><![CDATA[SINGAPORE&nbsp;- Singapore&#39;s central bank censured a record 20 banks on Friday after it found more than 100 traders in the city state tried to rig key borrowing and currency rates.]]></description>
	<pubDate>Fri, 14 Jun 2013 22:33:30 +0800</pubDate>
	<media:content url="http://www8.gmanews.tv/webpics/v3/2013/04/240_thumb-banking01.jpg" type="image/jpeg" />
</item>
<item>
	<title><![CDATA[New Vatican bank head says mission is total transparency]]></title>
	<guid isPermaLink="false">tag:gmanetwork.com:news_story-312809</guid>
	<link>http://www.gmanetwork.com/news/story/312809/economy/moneyandbanking/new-vatican-bank-head-says-mission-is-total-transparency</link>
	<description><![CDATA[VATICAN CITY&nbsp;&nbsp;- Don&#39;t even think of calling Ernst von Freyberg, the president of the Vatican bank, God&#39;s New Banker.&nbsp;Staff are combing through about 1,000 accounts a month to pinpoint owners and who has signature authority, he explained, speaking under a large oil painting illustrating Jesus&#39; teaching about rendering unto Caesar what is Caesar&#39;s and to God what is God&#39;s - guidance on the distinction between earthly and spiritual matters.]]></description>
	<pubDate>Fri, 14 Jun 2013 03:30:12 +0800</pubDate>
	<media:content url="http://www8.gmanews.tv/webpics/v3/2013/03/240_ZZZ_031913_1_c.jpg" type="image/jpeg" />
</item>
<item>
	<title><![CDATA[Emerging Markets: Stocks, FX hit by doubt over central bank moves]]></title>
	<guid isPermaLink="false">tag:gmanetwork.com:news_story-312796</guid>
	<link>http://www.gmanetwork.com/news/story/312796/economy/moneyandbanking/emerging-markets-stocks-fx-hit-by-doubt-over-central-bank-moves</link>
	<description><![CDATA[LONDON&nbsp;- Emerging market stocks dropped on Thursday and local currencies came under pressure as investors piled into the relative safety of the Japanese yen, driven by a host of doubts over central bank moves around the world.]]></description>
	<pubDate>Fri, 14 Jun 2013 00:33:57 +0800</pubDate>
	<media:content url="http://www8.gmanews.tv/webpics/v3/2012/12/240_ZZZ_121712_economy.jpg" type="image/jpeg" />
</item>
<item>
	<title><![CDATA[Bangko Sentral says global demand to stay weak, cuts 2013 inflation forecast]]></title>
	<guid isPermaLink="false">tag:gmanetwork.com:news_story-312732</guid>
	<link>http://www.gmanetwork.com/news/story/312732/economy/moneyandbanking/bangko-sentral-says-global-demand-to-stay-weak-cuts-2013-inflation-forecast</link>
	<description><![CDATA[The Bangko Sentral ng Pilipinas lowered its inflation forecast for the year on expectations of modest global economic activity, a ranking official said Thursday.&nbsp;Monetary authorities now see consumer prices rising by 3.1 percent this year, slower than an earlier projection of 3.2 percent, Bangko Sentral Deputy Governor Diwa Guinigundo told reporters at a briefing.]]></description>
	<pubDate>Thu, 13 Jun 2013 17:02:54 +0800</pubDate>
	<media:content url="http://www8.gmanews.tv/webpics/v3/2013/02/240_ZZZ_020513_2_b.jpg" type="image/jpeg" />
</item>
<item>
	<title><![CDATA[Bangko Sentral leaves policy rates untouched at record lows]]></title>
	<guid isPermaLink="false">tag:gmanetwork.com:news_story-312724</guid>
	<link>http://www.gmanetwork.com/news/story/312724/economy/moneyandbanking/bangko-sentral-leaves-policy-rates-untouched-at-record-lows</link>
	<description><![CDATA[
	The Monetary Board on Thursday kept the benchmark interest rates unchanged at all-time lows. At a press briefing, Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. said monetary authorities decided to keep policy rates&mdash;which serve as yield benchmarks on bank loans&mdash;untouched at record lows of 3.5 percent for overnight borrowing and 5.5 percent for overnight lending.
]]></description>
	<pubDate>Thu, 13 Jun 2013 16:20:33 +0800</pubDate>
	<media:content url="http://www8.gmanews.tv/webpics/v3/2012/12/240_thumb-business-dd.jpg" type="image/jpeg" />
</item>
<item>
	<title><![CDATA[Dollar under pressure in Asia following BoJ meeting]]></title>
	<guid isPermaLink="false">tag:gmanetwork.com:news_story-312527</guid>
	<link>http://www.gmanetwork.com/news/story/312527/economy/moneyandbanking/dollar-under-pressure-in-asia-following-boj-meeting</link>
	<description><![CDATA[Tokyo&nbsp;&mdash; The dollar was under pressure against the yen in Asia on Wednesday morning after the Bank of Japan (BoJ) held off launching fresh easing measures following a closely-watched policy meeting.]]></description>
	<pubDate>Wed, 12 Jun 2013 11:43:30 +0800</pubDate>
	<media:content url="http://www8.gmanews.tv/webpics/v3/2013/05/240_ZZZ_051013_economy.jpg" type="image/jpeg" />
</item>
<item>
	<title><![CDATA[Malaysia&#39;s CIMB to acquire 60% stake in SMC&#39;s Bank of Commerce]]></title>
	<guid isPermaLink="false">tag:gmanetwork.com:news_story-312388</guid>
	<link>http://www.gmanetwork.com/news/story/312388/economy/moneyandbanking/malaysia-s-cimb-to-acquire-60-stake-in-smc-s-bank-of-commerce</link>
	<description><![CDATA[San Miguel Corp. is set to finalize in the next 30 days the sale of a controlling interest in Bank of Commerce to Malaysia&#39;s CIMB Group Holdings Bhd.]]></description>
	<pubDate>Tue, 11 Jun 2013 17:40:25 +0800</pubDate>
	<media:content url="http://www8.gmanews.tv/webpics/v3/2012/08/240_120815-thumb-moneybanking.jpg" type="image/jpeg" />
</item>
<item>
	<title><![CDATA[CA denies TRO against Export and Industry Bank sale]]></title>
	<guid isPermaLink="false">tag:gmanetwork.com:news_story-312247</guid>
	<link>http://www.gmanetwork.com/news/story/312247/economy/moneyandbanking/ca-denies-tro-against-export-and-industry-bank-sale</link>
	<description><![CDATA[The Court of Appeals on Monday denied the application for a temporary restraining order filed by five companies against the Philippine Deposit Insurance Corp. and the closed Export and Industry Bank aimed to stop the bidding of assets for the latter&rsquo;s rehabilitation.]]></description>
	<pubDate>Tue, 11 Jun 2013 01:59:04 +0800</pubDate>
	<media:content url="http://www8.gmanews.tv/webpics/v3/2012/04/240_ZZZ_042712_economy_b.jpg" type="image/jpeg" />
</item>
<item>
	<title><![CDATA[Tetangco: Supporting countryside dev&#39;t necessary to inclusive growth]]></title>
	<guid isPermaLink="false">tag:gmanetwork.com:news_story-312229</guid>
	<link>http://www.gmanetwork.com/news/story/312229/economy/moneyandbanking/tetangco-supporting-countryside-dev-t-necessary-to-inclusive-growth</link>
	<description><![CDATA[Inclusive growth can only happen if countryside development is supported by rural banks and other institutions, the head of the Bangko Sentral ng Pilipinas said Monday.]]></description>
	<pubDate>Mon, 10 Jun 2013 19:52:42 +0800</pubDate>
	<media:content url="http://www8.gmanews.tv/webpics/v3/2012/08/240_120815-thumb-moneybanking.jpg" type="image/jpeg" />
</item>
<item>
	<title><![CDATA[Banks took less peso rediscount loans in Jan.-May &mdash; Bangko Sentral]]></title>
	<guid isPermaLink="false">tag:gmanetwork.com:news_story-312197</guid>
	<link>http://www.gmanetwork.com/news/story/312197/economy/moneyandbanking/banks-took-less-peso-rediscount-loans-in-jan-may-bangko-sentral</link>
	<description><![CDATA[Disbursements under the Bangko Sentral ng Pilipinas peso rediscount facility contracted for the first time this year during the first five months.&nbsp;]]></description>
	<pubDate>Mon, 10 Jun 2013 15:40:23 +0800</pubDate>
	<media:content url="http://www8.gmanews.tv/webpics/v3/2013/02/240_bsp-logo.jpg" type="image/jpeg" />
</item>
</channel>
</rss>