We’ve been getting questions from our readers regarding how to open a bank account in the Philippines. Some questions they’ve frequently asked us include: What … Read More
What are Exchange Traded Funds? Simply speaking, Exchange Traded Funds or ETFs are an open-end investment fund which tracks a basket of assets and traded … Read More
In the past, we’ve discussed a variety of investment options for the average retail investor, including Stocks, Bonds, Mutual Funds, UITFs, and Preferred Shares, among others.
We now add another asset class to our investment portfolio. Here are details about Long Term Negotiable Certificate of Deposit (LTNCD) — a relatively safe bank product that offers higher interest rate than your regular savings accounts.
Filipinos working abroad, also known as Overseas Filipino Workers (OFW), do not lose their basic rights as citizens of the Philippines despite working and being physically present in another country.
Update: Largest Banks in the Philippines (2009)
Banco de Oro (BDO) is now the largest bank in the Philippines, in terms of both assets and total deposits.
This is according to a report of comparative sizes of Philippine banks which I got from my bank.
Until 2007, Metrobank was the largest bank. As of December 31, 2008, however, Banco de Oro has overtaken Metrobank and has grabbed the title since.
